Sunday, April 26, 2015

in illinois when an estate administator sell property and is ready to close estate,does the benficiary have to sign the closing or can they ...

Question

in illinois when an estate administator sell property and is ready to close estate,does the benficiary have to sign the closing or can they object to what the administrator has done to close the estate and not sign until they get answers?



Answer

Certainly the beneficiary is not required to sign off and can demand clarification. I recommend, however, carefully considering whether there are valid objections as delays and time may cost the estate. Polite communication, if possible, is recommended. The representative's option will be to set a hearing and send notice to the beneficiaries of the estate, in which event any objection can and should be made in court or the closing of the estate will be allowed.



No comments:

Post a Comment