Legal Question in Real Estate Law in Alabama

Re: Sale of an estate home

Just because the tax assessor's office has a property appraised at a certain value does not necessarily mean that the property will bring that amount if it is sold. You said that the property appraised for $82,000 four years ago. Since that time, has the condition of the property declined such that the $60,000 your sister got for the property might be a reasonable fair market value?

If you feel that your sister sold the property for substantially less than fair market value, you should consult a local attorney familiar with probate issues. He or she can advise you on how to proceed in the event that your sister is wasting estate assets and/or selling them for less than fair market value. Good luck!

Re: Sale of an estate home

As executor, she has to file with the probate court all expenses, sales and income from the estate before the estate can be closed. You should see if anything has been filed with the court. Also, if you believe she is mishandling property and/or money of the estate, you can file to have her removed as executor. She can not do something that would benefit an outsider or anyone other than the estate, including herself.