Updated
Updated · Yahoo Finance · Aug 2
Denver Executor Seeks Exit From $1 Million Seattle Estate Role Before Sister Dies
Updated
Updated · Yahoo Finance · Aug 2

Denver Executor Seeks Exit From $1 Million Seattle Estate Role Before Sister Dies

1 articles · Updated · Yahoo Finance · Aug 2

Summary

  • $1 million in assets sits at the center of a cross-state estate dispute, with a Denver woman asking how to step down as executor for her Seattle sister before any probate begins.
  • Years of distance and both sisters being in their early 70s drove the request: the executor says she no longer feels able to handle a condo, mutual funds and other assets, and knows no one in Seattle.
  • Her sister has refused for about a year to name a professional fiduciary or trust company, leaving no alternate executor despite repeated requests.
  • The advice given was to avoid pressing the issue while the sister is alive and, if she dies first, formally decline the role before administering the estate so a court can appoint someone else.

Insights

Could an estranged sister's stubborn refusal to hire a professional executor end up draining her own million-dollar estate?
Can a woman legally escape managing her estranged sister's million-dollar estate without losing her inheritance?