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Reply to "Contested Will/Estate"
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[quote=Anonymous][quote=Anonymous]Executors have so much power. An unscrupulous executor (and I assume trustee) could try to keep assets not specifically written up. [/quote] There is a lot more transparency and court oversight of executors built into the system than there is of trustees. People tend to think probate is bad and trusts are a panacea, but a trust can be a disaster if the trustee isn’t honest and/or the beneficiaries decide they don’t agree with how things are being handled. A trust is good if everyone agrees, but probate is set up to handle contested proceedings, and works better in those cases. [/quote]
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