What is the best way to maximize the distribution of estate assets?
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What is the best way to maximize the distribution of estate assets?
I am a 71 year woman and am need of advice concerning a very confusing situation in which I find myself. My 91 year old mother passed away recently; she did have a Will but the executors she had named in it are unable to perform the duties required to be executors. The estate is very small and if we need to involve a lawyer, plus paying whatever medical bills come in, there will be virtually nothing to disperse to the 11 people beneficiaries. Is there any way to have no fee or low fee advice given as to the recommended way to resolve this confusing issue.
Asked on March 3, 2015 under Estate Planning, Louisiana
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 9 years ago | Contributor
I am so sorry for your loss. Given the facts here you may be able to seek help at any legal center for the aging or maybe a free service from a Bar Association. The topic is generally not one that is dealt with in these free situations - it is more landlord/tenant and eviction stuff, debt collections issues, etc. But you may be aboe to get a referal for low cost help or a pro bono lawyer. Now, if the executors named are unable to perform their duties they can renounce and others can step up in to their shoes. As for the medical bills, you can try and negotiate them down. Good luck.
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