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Reply to "Any estate executor nightmares? Hoping to not feel so alone."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Mother in law died 6 years ago. Her daughter, my SIL was sole executor. The estate was messy BC late MIL was sloppy with paperwork. A year after MIL death, estate was no where to being settled and MIL house was getting into foreclosure. We got a panicked call from SIL executor asking us to lend the estate 40k to get the bank off the back. I was very hesitant but my husband (brother of executor) said he trusted his sister. We lent the estate 40k by paying off the note. ...... 40k is a lot to me on a teacher salary. [/quote] 40k is alot no matter what your income level. What if MIL house was on TOD transfer at death to the SIL? What if the house was left to SIL? But since the SIL is executor I guess there was a will. If no will the court can appoint some one or an individual can petition the court to function as a personal rep or executor. It appears the only facts known to OP is the MIL died 6 years ago and SIL asked for 40K when SIL controlled stock accounts and might or might not have been getting 100% of the house. Look that thing up on county or city real estate to even see who owns it. [/quote] Doesn't the executor have to file the will within a certain time? I have a relative who was executor of her brother's estate and she didn't file the will or do anything and an ambulance company went after her because they weren't getting paid. [/quote]
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