Disputes between executors, trustees and beneficiaries
Disputes between executors, trustees and beneficiaries
An executor has a legal duty to deal with the deceased’s estate by collecting the assets and discharging liabilities in the administration of the estate.
A trustee will be appointed to look after the assets of an estate until a beneficiary can inherit for themselves, for example, a child turning 18. Executors and trustees can be solicitors but are often friends or family members.
Friends and family members can also be beneficiaries. A solicitor will also have a professional duty and be paid out of the estate. Other executors and trustees are not usually paid beyond out-of-pocket expenses.
It’s a complicated system and mistakes can happen. These might range from issues over valuations of estate property and delays, to breaches of trust or allegations of personal gain.
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