You state that your don't believe the price - that was agreed by everyone - is unrealistic.
Yet , the house hasn't been sold. That means the price is unrealistic, and apparently above market value.
We did try to make an offer to buy out Ted's share but our offer was turned down (it was just under the value of their share of the asking price).
Not alone can they but they must as they're being sued in relation to their official duties as executors therefore the estate must pay for their response/defence.Are you 100% that they can use the assets to cover their defense??
If they need to say, send out a number of letters they can recover the cost of the stamps (envelopes and paper too I guess if they want to get anal) but not the value of the time to compose, print, walk to the post office. etc. If they need an expert, valuer, accountant, lawyer, etc they can recover the invoiced costs of the consultation, but not their own time interacting with the expert.When you say the executors are doing the job free of charge and in their own time, am I correct in thinking that an executor/executors can recover any costs involved in carrying out their duty?
Thank you. This has been impossible to find out. The estate's solicitor told us he wasn't sure and would go and find out, but we are still waiting on an answer. Myself and the rest of the siblings are happy to support the executors in whichever way we can. None of us have access to much cash at the moment (who does?!Not alone can they but they must as they're being sued in relation to their official duties as executors therefore the estate must pay for their response/defence.
This I loved. On all levelsTell Ted that if he does sue the executor, the other legatees will sue him for any expense incurred to the estate by the executor defending against such a spurious lawsuit. And then slap some sense into him and tell him to stop acting the maggot.
The will said the house was to be sold and divided equally between the children.
Two of the siblings still live there, (not Ted)
See OP's first post.
The situation is that the house has been on the market for over a year now and there have been no offers."
Ted seems the only one in this situation with a rational approach. You can't get over the fact that you didn't inherit a house in Dublin, as for the siblings who are living (rent free?) in the house, well obviously they are in no hurry to sell.
Not defending Ted's behaviour, but keep in mind that grief affects everyone in different ways and the death of parents can bring to the surface all sorts of family resentments that were buried for years
all that anybody is going to see out of this is prob 40k, which, in the grand scheme of things, is not life changing, and certainly not worth falling out with your family forever over.
Our parents mantra was, 'everybody should always have a home to come to'..
But Ted is treating this like a business transaction.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?