If before my uncle died 3 years ago he had initiated a lawsuit, does the existence of this lawsuit delay the dispersal of the funds held in the estate account to the heirs?
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If before my uncle died 3 years ago he had initiated a lawsuit, does the existence of this lawsuit delay the dispersal of the funds held in the estate account to the heirs?
Thus far the estate has continued to pursue this lawsuit.
Asked on January 21, 2013 under Estate Planning, New York
Answers:
Victor Waid / Law Office of Victor Waid
Answered 11 years ago | Contributor
Depends on the nature and goal of the lawsuit. My suspicion, is the answer is yes, as the outcome of the lawsuit may affect the dispersal of funds as to who and how much each distributee receives or is entitled to.
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