District of Columbia  |  Wills and Trusts

Legal Question

Asked on: 1/04/05, 9:29 pm

Length of time to settle estate

I was left a 25% share of a sizeable estate(approx 12 mill) until i turn 55 I am only to receive the income. The person who established the will passed 2/02. I am told by the executor that the IRS has to review the estate tax return and can come back to the estate and demand more $$ if they do not agree with the return.

Currently I am receiving $2000 per month until the estate is finalized, is this an approproate ammount??? and how long should it be before I can expect to invest my share of the estate. Is there any way I can protest this way of distributing my share, another family member is getting all of his inhertance now?


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