How long does an executor have to claim/distribute property?
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How long does an executor have to claim/distribute property?
The executor of the Will, almost 2 years after the death of the testator, is deciding now is to time to claim some of her property. The land was Willed to me along with a house and all of its contents. Anything not under the roof of the house but on the land, according to the lawyer, could be taken by the children (I am not a child of the testator). The house has been in my name for a year and I have lived there. Is it legal for her to claim property now?
Asked on November 8, 2012 under Estate Planning, Mississippi
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
Under the laws of all states in this country the executor has all the time he or she needs while the given estate is open to make a claim as to assets of the decedent held by third parties. The issue is other than the claim, the executor would still be subject to the state's statute of limitations for filing an action.
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