Legal Question in Wills and Trusts in Illinois
Probate
My father passed away 3 years ago and left everything to my brothers, but my sister is the exectrix. None of the taxes on the primary property has been paid and now the legal fees to clear up the estate and other bills are mounting up to be more than the property value. Can an estate go bankrupt and if not is the exectrix responsible?
Asked on 2/13/09, 4:16 pm
1 Answer from Attorneys
James Grissom
Law Office of James P. Grissom
Re: Probate
The executrix has a fiduciary duty to the estate. Find a lawyer and see if there is anything to save. Good Luck.
Answered on 2/13/09, 4:32 pm