My mother's estate is in limbo after 2.5 yrs.
The executor has failed to either sell the estate or rectify items that reduce asset values - that is make changes to the real estate which would adversely affect the value of the land at auction. The executor and his agent are slowly trying to resolve issues with planners, council, drainage engineers etc.
The agent says that prices have dropped at least 15% since my mother's passing.
Can the executor be held accountable for all or part of the 15% drop?
Also, I am a permanent resident of the estate - as demonstrated by the recent probate decision. As such, what rights if any do I have regarding tenancy of the estate? The executor's lawyer claims I'm just a squatter and can be evicted at any time!
Tks.
The executor has failed to either sell the estate or rectify items that reduce asset values - that is make changes to the real estate which would adversely affect the value of the land at auction. The executor and his agent are slowly trying to resolve issues with planners, council, drainage engineers etc.
The agent says that prices have dropped at least 15% since my mother's passing.
Can the executor be held accountable for all or part of the 15% drop?
Also, I am a permanent resident of the estate - as demonstrated by the recent probate decision. As such, what rights if any do I have regarding tenancy of the estate? The executor's lawyer claims I'm just a squatter and can be evicted at any time!
Tks.