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To: madison10

I know what I would do—and you are _not_ going to like it:

https://info.legalzoom.com/end-obligations-being-executor-will-20474.html


2 posted on 02/16/2020 8:10:48 PM PST by cgbg (The Democratic Party is morphing into the Donner Party)
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To: cgbg

Sounds like you need to have a meeting or a series of meetings with all of the heirs. You may as a group decide to bring in some outside help.
If the heirs are not interested in participating you have at least part of your answer.
Do not try to guess what your family members want. Get together and talk about it.


7 posted on 02/16/2020 8:16:04 PM PST by Louis Foxwell (A deep and terrible ignorance born of abject corruption is required to hate our president.)
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To: cgbg

It is not my nature in a way, but I AM a rule follower. Could not think of ANY creative way for the sibling to stay in the home other than said sibling buying everyone else out, but it would be a huge burden.


11 posted on 02/16/2020 8:18:46 PM PST by madison10
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To: cgbg

You probably need to sell if that is the consensus of the beneficiaries. If they also want to keep the land in the family, I would look at leasing the farmland only. If it works out financially, the sibling living in the house rent free could take a reduced portion of the rent proceeds, which would be distributed out to the other siblings who are not living rent free on the property.


21 posted on 02/16/2020 8:28:25 PM PST by sfrepub
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To: cgbg
In order to distribute the estate according to the will the farm property (and probably house) will have to be sold...

The property is NOT yours. Your duty as executor is to fulfill the wishes of the deceased as given in the will. Whether you like it, hate it, agree with it; or despise it. Do the job; or resign. It is a thankless job. No one is going to be happy, no matter what you do. So do EXACTLY what will says, and you can honestly say “I had no choice; I simply did what was instructed “

It really is that simple

Or, so what you think best; likely get sued for fraud, be ostracized by your family and be miserable. Your choice

47 posted on 02/16/2020 8:54:45 PM PST by Hodar (A man can fail many times, but he isn't a failure until he begins to blame somebody else.- Burroughs)
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