Legal Question in Wills and Trusts in Indiana

My sister is executer of my mothers will who has now been dead over a year but our probate lawyer says we should not make any distribution of money until all the property is sold. Everything has been sold except a horse stables in which my two sisters don't want to sell. I don't understand the holdup on the distributions of funds. Will the stables now forever be in probate. If we all agree not to sell the stables could we then just take it out of probate?


Asked on 4/24/12, 5:51 am

1 Answer from Attorneys
Kenneth Wilk Rubino Ruman Crosmer & Polen

Yes, the property can just be put in the names of all of the heirs to the property. The estate doesn't have to remain open. However, you should set some money aside to pay ongoing expenses for the property.

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Answered on 4/24/12, 2:12 pm


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