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If you wish to sell it to them. You are not under any obligation to do so.
Wiki User
∙ 11y ago
Wiki User
∙ 11y agoYes, and executor may buy property from the estate. The court must agree and it must be for a fair market price.
Wiki User
∙ 9y agoAn executor can by property from the estate. It has to be at a fair market value. And the court will have to approve the sale.
Wiki User
∙ 13y agoYes. As long as the sale is handled properly according to law. There are different rules in different jurisdictions regarding the sale of real estate from an estate.
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If you are the executor of an estate and owe money to a lien holder can they go ofter money in the estate?
No. A personal creditor of yours has no right to attach the estate for which you are the executor. However, if you are also a beneficiary of that estate the creditor can go after your portion of the distribution.
Can one be an executor of probate but not the estate?
There is no executor of probate. The executor of the estate executes the will and probates the estate.
Can an executor use estate funds to buy anything they desire?
Of course not.
What is the executor of estate for the Titanic?
What is the executor of the estate for the titanic?
What is the estate executor fee in Arkansas?
what if the estate executor fee in arkansas
Does the executor work for the beneficiary?
No, the executor works for the estate. The estate will pay the executor a reasonable fee. The beneficiary has limited direction that they can give the executor.
What happens to the assets due to an executor if the executor of a will dies?
They become part of his estate. The executor of his estate would file the claim against the first estate.
If dad dies and there is a stepmom who is executor is accounting of estate still required?
There is still a need for an estate. While the current spouse will typically inherit at least half the estate, the children may be entitled to a portion.
Does the executor receive the estate in the UK?
No, the beneficiaries receive the estate. An executor could be a beneficiary
Can an executor be held personally liable for the estate tax?
can the executor be liable for estate tax
What is the fee an executor of an estate receives in Colorado?
how do you figure estate executor fee in colorado
Who does the executor account to after probate?
No one, unless some malpractice is discovered on the part of the executor after the estate is closed and sues the executor. Once the estate is distributed and a final account is filed and approved the executor is discharged and the estate is closed. After that, the executor has no authority.
