Quizzes & Puzzles1 min ago
Executor Dispute
My mother passed away in February. She left five siblings (beneficiaries) of whom 2 are executors of the will. The sale of mum’s flat fell through last week when the purchaser pulled out. The three beneficiaries, and one of the executors, wish to place the sale with multiple estate agents but the second executors refuses to acquiesce to this request stating that single agent’s fees are lower. The flat is subject to £100 per month management fees and the longer it remains on the market the agents fees “saved” could soon be swallowed up. I know that beneficiaries have no legal rights but what is the legal position of the other executor? Thank you.
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You might be able to apply, under Section 50 of the Administration of Justice Act 1985, for the dissenting executor to be removed but you'd need to show that his obstinacy was prejudicial to the interests of the beneficiaries. Such an application is unlikely to be something that you could do without the help of a solicitor but it might still be worth considering:
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On a more practical level, why not consider if there are any ways of marketing the house that don't involve the need for estate agents? I sold my late father's house simply by putting large notices in the window and advertising on supermarket notice boards, without the need for an estate agent. Perhaps a similar 'DIY' approach might be useful to you?
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On a more practical level, why not consider if there are any ways of marketing the house that don't involve the need for estate agents? I sold my late father's house simply by putting large notices in the window and advertising on supermarket notice boards, without the need for an estate agent. Perhaps a similar 'DIY' approach might be useful to you?
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