Pennsylvania | Wills and Trusts
2/03/06, 8:05 pm
Legal Question
Executrix Powers
I am named Executrix of my parents' estate out of my other 7 brothers and sisters. My parents' Will states that the assets be split among the surviving children after all of the debts are paid. My parents left a house worth about $120-130,000.00. 3 of the children want to sell the house for $80,000 to one of the other children. 4 of us want to just sell the house for what it is worth and the other want to sell to this other brother for $80,000. Do I have a right as Executrix to just sell the house for what it is worth or do I have to get the children to agree on a price? The Will states that I have the power to lease, mortgage, invest, re-invest,etc.
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Read More Answered By: Mark Johns |
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