The executor has no power while the person is living. Until they are appointed by the court, they have no power.
Yes, until the estate is settled and the distribution has been made according to the terms of the will the executor is responsible for collecting and protecting the assets of the deceased. They may feel the need to keep others from removing property prior to distribution.
Yes. There is a lot of work and responsibility involved in being the executor of an estate. The one sibling/beneficiary who is appointed should not be reqired to work for the other beneficiary for free. In some cases the executor may not charge the statutory fee, however, they should not be expected to work for free. The executor fee should be paid from the estate. If one of two sibling is inheriting real estate then they should make a cash contribution equal to one-half of the executor's fee.
A sibling is a brother or sister, older or younger.
Yes, the executor of the estate can make decisions such as this. it is usually best to talk it through if you are on good terms with your sibling.
No, a sibling means a brother or sister
If the loan is properly documented, the loan counts against their share of the estate. If there is not enough money in the estate to pay off the debts, they will have to repay the loan.
A sibling is any person who is either brother or sister to that person. Half siblings and step-siblings are the same, are the same, but half sibling is a half-brother or half sister, and a step sibling is a step brother or step sister. No matter what your age, any brother or sister is considered a sibling.
An executor has a duty to act in the best interest of the estate and its beneficiaries, which includes being transparent and providing information to the beneficiaries. Hiding information from a sibling could be seen as a breach of fiduciary duty and may have legal consequences. It is important for all beneficiaries to have access to relevant information about the estate.
My only sibling is my brother, who is also my friend.
They do have that ability to have them removed. The property belongs to the estate and the executor is responsible for it. They can rent or sell the property.
sibling, associate, stepbrother, kinsman, colleague
The rhyming word pair for "second male sibling" is "brother another".