What happens when an Executor doesn’t or can’t perform his tasks?

What happens when an Executor doesn't or can't perform his tasks?

If you prefer to read, the video transcription is below:

I got a call today from a guy. We’ll call him Sam. Sam has an issue.

He wants to hire us to find and recover the assets that belong to his father who died a few months ago.

The problem is that the father named Sam’s brother, Ray, to be the executor of the estate, and Ray, due to whatever is going on in his life or his head, has not been acting on his responsibilities. Sam is concerned about what’s going to happen to the assets. Is the house going to fall into disrepair? Will certain assets get lost or will they lose value?

So Sam wants to know what can he do. Now, I’m not advising him as a lawyer or anybody here as a lawyer, and the facts and laws can vary from case to case and state to state, but, at the end of the day, the bottom line is Sam should not wait. Sam should consult with an attorney, hopefully, file something in court and ask the court to allow him to be the executor instead of Ray.

Hopefully, that will succeed so this way the assets don’t get lost or depreciate in value.

Hope this helps. Have a great day.

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