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Reply to "In laws made me executor of their estate"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Go into it with your eyes WIDE OPEN. the death of a parent and the distribution of assets is a highly emotional event. People may act in ways you would never expect. Be sure you can handle being in the middle of it all. I am my parents' named executrix. I am a attorney practicing in estate planning and probate. While I have the professional expertise to do the job, I'm not sure I want it. [/quote] Great advice. If you agree to doing this do everything you can to have the inlaws very clearly and carefully document their wishes and, to the extent possible (and certainly where there will be any potential friction) communicate that to their children themselves. You do not want to end up in the position of being the enemy when carrying our their estate wishes.[/quote] Agree with this, and the other cautionary advice above. Even though my grandmother's will was pretty clearly written and her kids all got along, a few of them went a little crazy after she passed. That, combined with different interpretations of one part of her will led to plenty of bad/hurt feelings. [/quote]
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