I don’t think an estate is being looked after properly, what can I do?
Are you concerned about inadequate estate management? The individual responsible for managing a deceased person’s estate, known as an executor or administrator, is required to fulfill certain obligations after the death of the will-maker. A breach of these duties can lead to several legal actions that may be pursued by a co-executor or a beneficiary entitled to inherit under the will. It is crucial for executors and beneficiaries to be cognizant of these duties and the potential legal actions available in case of a breach.
What is an executor?
An executor is a person who is named in a will whose responsibility it is to manage and distribute the deceased’s person’s estate.
Who can be an executor?
An executor can be anyone, it doesn’t have to be a relative of the deceased person. It could be a friend or a professional person like a solicitor or accountant.
What are the duties of an executor?
There are various duties that an executor must comply with. Primarily, executors must ensure that they act in the best interests of the estate and its beneficiaries. Executors’ duties include the following:
Request for a Legal Consultation
Garner & Hancock realise that the prospect of pursuing a legal matter can be challenging, so we offer an initial phone consultation to discuss your options, and to give you information that will help you make the right choices affecting your case.
IIn cases where there are multiple executors, all executors must make decisions regarding the administration of the estate unanimously. All executors must be involved in any decision-making and steps taken to administer and distribute the estate. If there is more than one executor, and they cannot agree on what to do, they are unable to take any action until the disagreement is resolved between them or by a court.
What can I do if I think an executor has breached their duties?
This is very much dependent upon the duty that has been breached. Generally, where an executor is holding up the administration of the estate, there is an option to have them removed from their role as executors. You can either do this by agreement or by an application to the court.
It is also possible to apply to the court for directions concerning how the estate should be dealt with. This may be appropriate in situations where an executor is in breach of their duties but the co-executors and/or beneficiaries require guidance from the court as to how this should be dealt with.
It is always important to first consider whether an executor’s breach of duties can be dealt with outside of court proceedings. Attempts should always be made to resolve the matter by agreement before making an application to the court, as court proceedings can be lengthy and costly. Unfortunately, this is not always possible.
The responsibility on an executor to deal properly with an estate is a serious one. If one executor is at fault for any delay or failure to deal with the estate properly, they could end up being personally liable for any losses or legal costs incurred in putting things right.
What if I need further advice?
We have an experienced team of solicitors who will be able to assist you with any queries you might have in relation to an executor’s breach of duties.
Our Guarantee
We believe our business begins and ends with you and your needs, as our client. Therefore, we are committed to providing the best client care and advice which will give you confidence that your matter is handled with the utmost care.
How Can We Help?
Happy to help! Feel free to contact us at any time for a consultation on your legal matters.