Reply to Cost of independent executor -- lawyer says mom can't afford it

Forum Index » Money and Finances

Reply to "Cost of independent executor -- lawyer says mom can't afford it"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]There's a lot of family drama around my mom and her estate documents. I don't know exact amounts because she won't disclose, but it's about $1-1.2M assets and about $200K in house equity. So ballpark $1.2-1.4M today.

She's single and has 4 children. I always do everything for the family, but after my dad died (they'd been divorced 40 years) I put my foot down and told her I didn't want to be her executor because I don't want to deal with two siblings. They never help with anything, and I don't need or want any money. It was huge and hard for me, and I felt like a weight came off me.

Now, she's crying and can't manage siblings, and I told her to hire an independent executor. She got very angry at me and told me her lawyer said she can't afford an independent executor. I find this very hard to believe. How much would it cost a lawyer? I mean even if it cost $100-200K there would still be plenty left. An associate could work full time for a year at that price. Even if her estate was half that, it would still cover it. What am I missing?[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics