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  1. #1
    Join Date
    Nov 2008
    Posts
    2

    Default Executor of Trust is Not Selling Real Estate Asset

    My question involves estate proceedings in the state of: Indiana
    My parent's left all assets to the 3 children. There was a revocable trust agreement. My mother passed away in April 07. All assets that my brother and I are aware have been dispersed except the sale of their home. The executor (my sister) does not seem to want to sell my parent's home. She has been difficult, and most recently the listing was dropped by the listing agent as the agent could no longer work with her--Most recently, refusing to counter an offer that was made. Estate assets are being used to maintain the home, and my sister continues to use it as a place to go when she feels like it. My sister will not share any information with my brother and I regarding the cost of maintenance and other expenses with regard to the house. What recourse do my brother and I have in trying to get her to get the property since this seems to be dragging out. Thank you.

  2. #2
    Join Date
    Mar 2005
    Location
    Michigan
    Posts
    28,431

    Default Re: Executor of Trust is Not Selling Real Estate Asset

    Are you complaining that she is acting improperly as executor of your parents' estate, as trustee of their trust, or both? Do you have a copy of the trust? If all assets have been disbursed except for the home, what estate assets is your sister using to maintain the home?

  3. #3
    Join Date
    Nov 2008
    Posts
    2

    Default Re: Executor of Trust is Not Selling Real Estate Asset

    Quote Quoting aaron
    View Post
    Are you complaining that she is acting improperly as executor of your parents' estate, as trustee of their trust, or both? Do you have a copy of the trust? If all assets have been disbursed except for the home, what estate assets is your sister using to maintain the home?
    My brother and I believe she is truly not trying to sell the home. She withheld $20,000 from my parents assets to maintain the home and has yet to give us an accounting of what she is spending to maintain it. The last listing agent came to her with an offer 2 weeks ago and she would not even counter offer back. The last listing agent told my brother she doesn't believe that my sister wants to sell the home by keeping it overpriced. My brother and I have sent her a letter requesting information and have asked her to buy us out. I do believe she has acted improperly in administering this estate by dragging this out for a year in a half and not keeping us informed of what she is doing. She took many things that belonged to the estate right away such as jewelry, gold coins and some other valuables. My brother and I were not allowed in the house, and the locks were changed. She is not a nice person to deal with. The most recent listing agent dropped the listing because she couldn't deal with her anymore. Any advice on what can be done legally would be most helpful. I do have a copy of the trust. Thanks.

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