How long can an executor legally sit on the property?
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How long can an executor legally sit on the property?
My grandfather died over 11 years ago. The estate was divided into thirds among his 3 children; however, my father had asked to be written out of the Will, so his third was split between my brother and I (the only grandchildren). We had to wait to the age of 25 to receive any money. When we both turned 25, we received a check for 50,000; however, there is still property (where the Will was written) that the executor has been sitting on for over a decade.
Asked on January 18, 2013 under Estate Planning, Georgia
Answers:
Victor Waid / Law Office of Victor Waid
Answered 11 years ago | Contributor
Obtain yourself probate litigation counsel to have a petition filed with the probate court to compel distribution of the estate as to your share, which may cause a sale of the whole property; of course the other beneficiaries, the other two children could offer to purchase your share. You should also demand a full accounting of all the assets and income and expenses from the date of death to your present distrribution, so you have exact information for you and your attorney to work with before settleing your claim.
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