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I suspect the executor of an estate I am beneficary of has squandered cash. Its been over a year since the 'death' and the estate has not progressed much. A few filings with the City, a prepaid tax bill and NO INVENTORY. What are my options as a beneficiary? How long do I have to contest the will. NO, a LAWYER is not the executor.

2007-02-21 04:14:50 · 2 answers · asked by toomanyshoes4me2 1 in Politics & Government Law & Ethics

2 answers

A personal representative, whether an executor of a will or a trustee of an estate, may be removed for failing to meet the responsibilities of the position. While different states outline varying examples of executor mismanagement, in general an executor can be removed for any of the following reasons:

* Waste, embezzlement, mismanagement or the commission of a fraud on the estate
* Inability to execute the duties of the office or otherwise unqualified for the position
* Wrongful neglect of the estate
* Threat to the estate or interested persons

2007-02-25 03:59:04 · answer #1 · answered by King of the Net 7 · 0 0

Fraud , depending on the severity, could easily result in prison time.

2007-02-23 09:04:07 · answer #2 · answered by SantaBud 6 · 0 0

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