Asked in
Law & Legal Issues
Estates
Symbols for Stocks Mutual Funds and ETFs
Stocks

What can be done if the executor sells the heir's stock?

Answer

User Avatar
Wiki User
March 16, 2005 4:18PM

In most cases the executor of a will by law has to liquidate all nonexempt assets to pay creditors. State probate laws determine which property can be sold to pay the deceased's debts. If it is thought an executor is mishandling an estate, the concerned party should seek legal counsel.