Legal Question in Real Estate Law in California

ok regarding living trusts..my father passed away and my aunt and uncle were named the executives of his estate..now my fathers house was sold like 5 months ago..escrow went through and everything..they got the money and have been holding on to it ever since now the new owners said that they found a small burned 2x4 in a wall that they are knocking down for renovations anyway and have threatened to sue even though it was okayed by a building inspector..can they still sue and once the house has been sold do the executers have to distribute the funds to the beneficieries immiedietly afterwards or can they distrubute the funds up to 2 years after the estate sale?


Asked on 10/05/09, 4:17 pm

1 Answer from Attorneys
Robert F. Cohen Law Office of Robert F. Cohen

It seems wise for the executors to hold onto the money for a little while just in case they need to protect the estate by hiring an attorney. I don't understand why the new owners would sue if they're demolishing the wall containing the burned board. It might indicate latent electrical problems that might need attention, though.

Was there a trust as well? If not, the sale of the house might be problematic without probate having been open.

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Answered on 10/05/09, 4:26 pm


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