My brother-in-law is executor of my late father’s $9 million estate and refuses to give us a full accounting. What can we do?

My brother-in-law is executor of my late father’s  million estate and refuses to give us a full accounting. What can we do?

Dear Quentin,

My dad died last year. My sister has power of attorney, and is now the executor of my father’s estate. My sister’s husband has taken on the role of managing my parents’ estate, which is worth $9 million. Last year, the estate made about $300,000, which is very low. 

My sister and brother-in-law told me and my younger sister that our parents did not want him sharing any information whatsoever about their estate. Instead, he sent us spreadsheets as a courtesy — and he said that even this is not a requirement. 

My sister and I do not think he is dishonest, but we do think he is not qualified to handle this much money. He has no legal right to do so anyway. Does he? We hate to get into a legal fight, but we want the portfolio correctly managed. 

Heir, Apparently

Dear Heir,

This stinks. Your sister…

Continue reading

Leave a Reply

Your email address will not be published. Required fields are marked *