How long can an executor take to settle a will?
How long can an executor take to settle a will?
When someone dies, their will is supposed to guide the distribution of their estate. But it can sometimes take a long time for the court to settle a will, and the executor named in it can take a lot of time to do so.
The main reason for this is that there are often disputes about the will or the circumstances surrounding its creation. It's not uncommon for family members to want to contest a will, which can involve hiring lawyers and going through a lengthy legal process. There are situations where an executor may be unwilling or unable to execute the terms of a will, but they may also be reluctant to pass on the job to someone else. And even if there weren't any problems with the will, an executor has a responsibility to ensure that all of the estate's assets have been properly accounted for, which can be time-consuming.
If you have any doubts about whether all of the assets have been accounted for, you should ask about them, as well as how long it will take for everything to be settled.
In some states, the executor who is responsible for carrying out the wishes of the deceased and distributing their estate according to their will, is given a certain amount of time within which they are required to settle the estate. Those who fail to meet this deadline can be held personally liable for any losses that result—and in some cases, they may even face criminal charges.
If you have any questions or in need a Will and Estate Attorney, we have the Best Attorneys in Utah. Please call this law firm for free consultation.
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Disclaimer: This is not legal advice and is simply an answer to a question and that if legal advice is sought to contact a licensed attorney in the appropriate jurisdiction.