Legal Question in Wills and Trusts in Pennsylvania
Legal Responsibilities of Executor
My Aunt is executor of my grandfather's will and is a beneficiary of his estate along with my mother and her sister - each are to receive 1/3 of the estate according to the will. There is one particular item of value, a family diamond ring of some value and sentimental importance, that the executor has indicated was given to her prior to my Grandfather's death. The finances and the personal effects have not been divided yet, nor has any action taken place. The death was in April of 2004. Three questions:
1) How long does an executor have to execute the will?
2) Will the uncorroborated statement that the ring was given to the executor hold up to legal scrutiny?
3) Under what conditions can the family force transfer of execution to an objective 3rd party legal advisor?
Thanks for your help on this matter.
1 Answer from Attorneys
Re: Legal Responsibilities of Executor
There is no specific time for the Will to be probated. There is usually only a minimum time during which the Will cannot be probated, usually 10 days to 2 weeks following the date of death. If there is the potential for death taxes (state or federal), the Will needs to be probated some time before the due date of the death tax returns (usually due by 9 months from the date of death) so the estate can be evaluated for reporting in these returns. The question of the ring will become a he said/she said type of argument if it is questioned and litigated, and could go either way. Part of a decision may hinge on what other personal property there was and how it was handled both under the Will and by the executor. I might suggest trying to find out if the ring was insured and what was reported to the insurance company. If it was a valuable ring, the executor probably wanted it insured and you might want to find out if and when insurance on it was taken. If before the date of death, this might make the executor's argument of the gift before death more convincing. Finally, to remove an executor, the family will have to show, by a court proceeding in the court where the Will was probated, that no action has taken place or improper handling of the estate has taken place.