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I have a full accounting of the estate funds and the executor took money from the estate how do get this money back from the executor I am a beneficary?
Wiki User
∙ 12y ago
The executor is entitled to be paid for their work. The court has to approve the distribution and the fee they charged, which is often set by law. If the estate has been closed, you can sue the executor if they breached their fiduciary duty.
Wiki User
∙ 12y ago
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Can executor be prosecuted for embezzlement of estate funds?
Yes.
What is the legal action against a executor who can't provide answer for missing funds from a estate?
The most common charge would be fraud. Another is breach of fiduciary duties. The court can request a full accounting from the executor.
Can the executor withdraw money from the deceased CD?
They are certainly able to do so. There has to be a full accounting of the funds in their control. They may need to pay off debts of the estate.
Can you collect money from your dead fathers unclaimed funds if your step mother was the estate representative and she has since remarried?
No. If your stepmother was executor of the estate, she still is the executor and entitled to those funds, not you.
Received accounting from father's estate executor will not release the funds until she gets things from you that were already spilt or cash she also took an extra 8000 from estate what can I do?
The only thing you can do is petition the court. But you might want to consult an attorney. The executor is entitled to be paid for the work they do.
Can an executor use estate funds to buy anything they desire?
Of course not.
Can an executor access stock funds to cover funeral expenses?
The stock funds would be a part of the estate. They can be sold to cover estate debts.
If the estate does not pay card balances that are small from an estate and funds are dispersed what can happen?
The executor of the estate may be liable for the debt.
Is a executor liable for any bills?
The executor is not personally liable. They are required to use the estate funds to resolve bills.
Can an executor fix home with estate funds?
If the home is a part of the estate, they certainly may do so. The executor is responsible for all the assets of the estate. That would include reasonable repairs to a home.
Are executor expenses tax deductible?
they are not a deductable amount. You can claim expenses as an executor against the estate funds. However, if you do claim executor expenses against the amount of the estate they are taxed as income for the person claiming them.
Does the Power of Attorney have accountability of funds spent before the person dies?
The executor of the estate can request a full accounting. That would make sure that no gifts were given during the last two years.
