Dear Lanny,
In this situation, I recommend that you request a formal probate from the probate court. That is what the probate is for, to help determine the rightful distribution of proeprty from the estate. Most probates are informal, with no hearings. They include a filing of the will and certain other adminstraive proceedings.
If there is a dispute such as this, a formal probate is called for.
There are specific laws for every state that govern successorship to property. By will or by law.
The sequenced is something like this.
1. The will determines who gets what property. in the absence of a will, then tenancy of the deed
2. If there is no tenancy of the deed, then generally, by law means the legal right ot successor ship. In most states, it is:
a. Spouse gets it all or spouse gets half the property with the remainder divided between surviving children.
b. If there is no surviving spouse, by law usually means then divided between the surviving children equally, and then the balance between siblings, etc.
It really depends on state law. Making deals outside the by law or by will is exceeding his authority. As part of the probate, you can even ask for a new executor.
Dear lanny,
Thank you for the additonal information.
1. You can still ask for probate to have another hearing.
2. In this case he is self-dealing. It is not legal to self-deal from a position as executor. It represents a conflict of interest.
3. outside of that, there is nothing wrong with him agreeing to buy out someone elses share with or without permission of the others.
For example, if three people are jointn tenents of property, they all three have equal access to the property, represented as 1/3 interest. One of them can sell his or her share to whom ever they want, for what ever price they want.
Now this can be an issue, if the person, in this case the executor is offering and making a deal to buy someone's share at a low price. It serves to devalue the property, and you have become injured.
You can file a temporar injuction against the sale of any of the assets until after the inheritance is made or until terms for selling the property can be resolved.
Internati&onal HR C&onsultant
GPHR cer BS, U.S.C. Pueblo; Immigration Law by Am. Mngmnt Association & USCIS Bus. Liaison ofc 1999