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Executors - disputes over what to do with the Estate
Mrs A has been appointed as an Executor under her late Mother’s Will alongside her brother, Mr B. The Estate contains some small sums left in bank accounts/pension policies but the main asset is the residential property in which their Mother lived.
Mrs A and Mr B are unable to agree on what to do with the property. Mrs A would like the house to be sold so the proceeds can go to the beneficiaries. Mr B would prefer the house to be rented until such time as the housing market improves and prices increase. There is also a dispute over items such as jewellery and other personal items. Mrs A would like to keep them for sentimental reasons, whereas Mr B is suggesting they be sold and the sums distributed amongst the beneficiaries.
This is not an uncommon scenario. Dealing with probate of a loved ones estate is an emotional time and can cause siblings and/or co-executors to fall out or disagree.
CWJ can offer assistance and guidance in helping resolve such disputes. Alternatively, if you are a beneficiary under a will and you have concerns with the way the Executor is dealing with the Estate then we can advise you of your options and assist with taking the matter forward.