Will/Estate Question

[goalie000]

My mother Died about 5 years ago now ( Dads been gone longer) and my Older sister is the executor of the estate. For some reason unknown to me or my second sister, the executor one, doesn't want to close out the estate. We have asked numerous times whats happening and we just keep getting feeble excuses about the Lawyer, stocks being from the US etc. etc.
My question is, what can I do to move things along or because she's in charge do I just have to wait things out? Do I get my own Lawyer to do something or is that just a waste of money. Getting a bit tired of waiting for the inheritance.

 

[papasmerf]

My mother Died about 5 years ago now ( Dads been gone longer) and my Older sister is the executor of the estate. For some reason unknown to me or my second sister, the executor one, doesn't want to close out the estate. We have asked numerous times whats happening and we just keep getting feeble excuses about the Lawyer, stocks being from the US etc. etc.
My question is, what can I do to move things along or because she's in charge do I just have to wait things out? Do I get my own Lawyer to do something or is that just a waste of money. Getting a bit tired of waiting for the inheritance.

it's been five years.............you are asking this question 4 years too late.

 

[goalie000]

it's been five years.............you are asking this question 4 years too late.

I hope not.

 

[papasmerf]

I hope not.

can you say fiscal responsibility?


BTW here we pay up to 5k to the executor

 

[great bear]

can you say fiscal responsibility?


BTW here we pay up to 5k to the executor

I would execute you for .25 cents.

 

[papasmerf]

I would execute you for .25 cents.

Will cost me ten times that to turn you into my favorite rug.

 

[great bear]

Will cost me ten times that to turn you into my favorite rug.

Are you suggesting your old rug is bare?

 

[papasmerf]

Are you suggesting your old rug is bare?

Not yet but it is a matter of time

 

[james t kirk]

From my experience it took about 2 years to dot the i's and cross the t's on my parent's estate, although, 98% of the money was divided up in the first year. Only some minor details remained after that time.

My siblings and I never fought about anything for a second (fortunately, we all are fairly level headed and trust is a given).

The last thing we closed out was the bank accounts having kept them open to deposit cheques and write cheques from. Once that was over, it was over.

 

[Perry Mason]

In Ontario there are some simple steps you can take to compel her to finalize the estate. The law gives the executor one year to clear things up and distribute.

The problem with your question is that what steps you should take depends on the terms of the Will... if you were named in the Will she was required to give you a copy.

Take that copy to a neighbourhood lawyer for a consultation on what to do... it won't cost you a lot of money... you don't need a Bay Street superstar to give you advice.

Perry

 

[papasmerf]

Okay I'm in deep crap then Perry and Don. I was co-executor on a will some 13 years ago. It was contested by the grieving widow three years later. We filed a response within the mandatory period, citing no knowledge of some situations and counter-suing our estate lawyer on the other hand.

Nothing else happened, either in the estate or lawsuit. Should I be worried??

Lasttime (as in Lasttime I will EVER agree to be an executor!!!)

handle an estate with honesty and be open and you should have few problems..........do anything else and you shall be in court