"Unsurprisingly, this Redditor is learning this firsthand as they are navigating how to deal with a selfish sibling. Sadly, the Redditor, according to their post in r/inheritance, recently had their father pass away, leaving a house to be split among four children. Handling a Selfish Executor The Redditor provides a whole lot of detail, but the summary here is that after their father recently passed away, they and three other siblings were left a home and a beneficiary IRA."
"This Redditor is in a challenging situation as their brother isn't fulfilling their duty as the executor of their father's estate. The four siblings should be splitting the proceeds from a house sale evenly, but one sibling is blocking this from happening. The siblings have been calm for long enough, and it's now time to involve a lawyer. Are you ahead, or behind on retirement?"
Four siblings inherited a house and a beneficiary IRA after their father's death. The IRA was automatically divided, but the appointed executor brother is obstructing an equal division of the house proceeds. The property is appraised at about $400,000, so each sibling expects roughly $100,000 gross. The executor has argued that siblings should relinquish shares because he already lives in the home, and he is blocking sale and distribution. The siblings remained patient but now intend to consult a lawyer to enforce the will and compel the executor to fulfill fiduciary duties and distribute assets fairly.
Read at 24/7 Wall St.
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