Executor Not Paying Beneficiaries
Are you a beneficiary of a will and having problems with the executor? Watch this video about the executor not paying beneficiaries, then call our Buffalo estate planning lawyers for a consultation.
Clients often contact us about receiving their distribution under a will. The executor cannot make any distributions until seven months have passed from the time the executor has been appointed. Very often, years pass and it’s usually commonly a fight between siblings, where distributions of real estate or money have not been made and the clients don’t know what to do. The only procedure that can be done is for the person, the beneficiary, to file a petition to compel an accounting by the executor, in which the executor will have to list all the expenses and all the property collected. If the beneficiary is not satisfied with that accounting, the beneficiary can file objections to the accounting, and that can lead to protracted court proceedings.
The experienced Buffalo Lawyers of Friedman & Ranzenhofer, PC provide dedicated and knowledgeable legal representation to New York residents. If we can be of any service, contact us at one of our seven locations.