Anonymous
03/21/2014 12:28
Subject: Problems with executor of estate
We had this issue recently If executor is not providing info and copies of filings with the probate court, you can contact the the court directly and request copies
Anonymous
03/21/2014 12:24
Subject: Problems with executor of estate
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Former executor here ~ it' a big pain the the @ss job. Be very grateful that someone else is doing it.
Trust me, I am very grateful not to be stuck with this job!
I am already pretty much expecting to quit my job or shift to part time when my father dies, in order to have the time to unravel his estate, and you guys certainly aren't making me feel any less anxious!
He has made being a financial "wizard" a big part of his life, and I can only imagine the work this is going to entail. (though at least it's all in a trust, and least there's just me and one sibling)
+1. My FIL died while I was on maternity leave. My husband, his siblings and I spent the next 6 months or so working what seemed like full time to unravel his estate - and this was for someone who had his affairs in order. One sibling had a full time job, one a part time, and it was still overwhelming at times. That said, we dispersed everything and sold 6 properties in about 9 months. 18 months does sound like a long time to me.
You cannot generalize. It took me 18 months because I had to throw a relative out of the property that was being sold.
Also, FYI, you did not disperse, you disbursed. I did make distributions along the way.
Anonymous
03/21/2014 12:22
Subject: Problems with executor of estate
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Former executor here ~ it' a big pain the the @ss job. Be very grateful that someone else is doing it.
Trust me, I am very grateful not to be stuck with this job!
I am already pretty much expecting to quit my job or shift to part time when my father dies, in order to have the time to unravel his estate, and you guys certainly aren't making me feel any less anxious!
He has made being a financial "wizard" a big part of his life, and I can only imagine the work this is going to entail. (though at least it's all in a trust, and least there's just me and one sibling)
+1. My FIL died while I was on maternity leave. My husband, his siblings and I spent the next 6 months or so working what seemed like full time to unravel his estate - and this was for someone who had his affairs in order. One sibling had a full time job, one a part time, and it was still overwhelming at times. That said, we dispersed everything and sold 6 properties in about 9 months. 18 months does sound like a long time to me.
You cannot generalize. It took me 18 months because I had to throw a relative out of the property that was being sold.
Anonymous
03/21/2014 12:18
Subject: Re:Problems with executor of estate
Anonymous wrote:OP do you trust the executor? You need to see the plans. If complicated, it takes a looong time.
People keep referring to plans, but what do you mean by that? The will is the plan. OP, have you seen a copy of the will?
Anonymous
03/21/2014 12:17
Subject: Re:Problems with executor of estate
Anonymous wrote:Op here,
Also when I checked the court records online, it states the status of the estate is "completed".
Could that be because the assets which haven't been distributed yet are in trusts?
Call the attorney. You don't have to be executor to call the attorney, particularly if the executor is unresponsive.
Anonymous
03/21/2014 12:15
Subject: Problems with executor of estate
Anonymous wrote:Anonymous wrote:Anonymous wrote:Former executor here ~ it' a big pain the the @ss job. Be very grateful that someone else is doing it.
Trust me, I am very grateful not to be stuck with this job!
I am already pretty much expecting to quit my job or shift to part time when my father dies, in order to have the time to unravel his estate, and you guys certainly aren't making me feel any less anxious!
He has made being a financial "wizard" a big part of his life, and I can only imagine the work this is going to entail. (though at least it's all in a trust, and least there's just me and one sibling)
+1. My FIL died while I was on maternity leave. My husband, his siblings and I spent the next 6 months or so working what seemed like full time to unravel his estate - and this was for someone who had his affairs in order. One sibling had a full time job, one a part time, and it was still overwhelming at times. That said, we dispersed everything and sold 6 properties in about 9 months. 18 months does sound like a long time to me.
Anonymous
03/21/2014 12:09
Subject: Problems with executor of estate
Anonymous wrote:Do executors typically get paid by the estate?
Yes. I think it varies, but in my grandfathers case my uncle got 2% off the top before the rest was distributed. He handled everything terribly too.
Anonymous
03/20/2014 18:46
Subject: Problems with executor of estate
Do executors typically get paid by the estate?
Anonymous
03/20/2014 18:25
Subject: Problems with executor of estate
Anonymous wrote:Anonymous wrote:Are there any tricks to streamlining this process and making it less of a headache for everyone? What, if anything, can be put into place BEFORE a person even dies to make the settling of his/her estate less of a process..
Make very sure that the executor
1. Wants the job
2. Is not a moron
I think most executors take the job out of a sense of obligation (as opposed to excitement) AND are inexperienced. Which may or may not resemble: moron who doesn't want the job.
Anonymous
03/20/2014 14:57
Subject: Problems with executor of estate
Anonymous wrote:Are there any tricks to streamlining this process and making it less of a headache for everyone? What, if anything, can be put into place BEFORE a person even dies to make the settling of his/her estate less of a process..
Make very sure that the executor
1. Wants the job
2. Is not a moron