This might be the case if there is some kind of conflict of interest, or some form of serious misconduct – such as stealing from the estate or failing to obey a court order. For free initial guidance on your position call our free legal helpline on 0808 139 1606 or email us at [email protected]. Trustee and Executor Negligence. As regards XXXXX XXXXX must be very serious in nature, leading to the Estate suffering as a result of the misconduct. An executor may have to apply for a special legal authority before they can deal with the estate. The person dealing with the estate of the person who has died is called an executor or an administrator. Generally in order to remove an Executor on the basis that they are unsuitable you will need to show that there has been serious misconduct or that the Executor is conflicted within their position. Probate fraud: warning signs and what to do if you suspect it . When an executor attempts to illegally profit from the estate, interested parties are entitled to sue the executor for fraud. An executor is a person responsible for the administration of the estate of someone who has died. Problems with executors can generally be classified into 4 types:-suspected executor or administrator fraud ... Probate fraud seems to be on the increase and is estimated to cost at least £150 million a year in the UK. You have to be able to prove that all of your actions and motives are transparent, objective, and completely above board. If the executor doesn’t provide the Will within this timeframe, the next of kin can then lodge a citation at court, which forces the executor to either accept or refuse the Grant of Probate. If you want to pursue the latter, you need to consult with your own attorney. Yes, working with an experienced Estate Litigation Attorney can avoid conflict, including avoiding Breach of Fiduciary Duty claims. Linda Cummins, of Goldsmith Williams, explains how to spot misdeeds in probate and best practice for dealing with them. The executor is unsuitable for the position. The executor is under a fiduciary obligation (a position of trust) to carry out the provisions of the will. Estate is simply a word that means the assets and debts of the deceased. The Answer from Talk2Solicitors.co.uk. Top 10 Estate Executor Mistakes Mistakes that Executors (Personal Representatives) Make in Probating Estates Being an executor (now called personal representative in Alberta) for a spouse, sibling, child or friend’s estate can be a big task. The executor of an estate is responsible for ensuring that the estate's property is properly cared for during the probate process and that the estate is distributed in accordance with a deceased's will and state laws. As Executor you will need to acertain the total value of the Estate and calculate whether any Inheritance Tax will be payable (and how much if so). As executor, your record keeping must be scrupulous, with paper copies of every transaction. Calculating Inheritance Tax can be complicated and consideration must be given to a variety of factors, for example, any unused tax-free allowances that can be transferred from one spouse to the other, exempt beneficiaries and gifts. The commercial litigation team at JMW can help you either remove an executor or trustee of a will and replace them with someone else, or can help you to make a claim for negligence that led to financial loss. We are often consulted by beneficiaries who are in dispute with an executor or executors who are in dispute with a fellow executor. If the executor is not able to fulfill these duties, the heirs may file a petition requesting a dismissal. An executor is someone who is named in the will as responsible for dealing with the estate. We are highly experienced in cases of this type and can provide the expert guidance you need at what can be a difficult time.
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