Legal Question in Wills and Trusts in Texas
Proceeds of land sold in trust
If an executor of a trust sells property but does not distribute the proceeds to the rightful heirs is there any recourse? After the fact can the heir try to claim land sold to 3rd party?
Asked on 6/18/08, 1:39 pm
1 Answer from Attorneys
Cheryl Rivera Smith
The Smith Law Firm
Re: Proceeds of land sold in trust
The executor would be personally liable for breaching fiduciary duties. The court gave the executor to sell the property, so it is unlikely that you would be able to void the sale.
Answered on 6/18/08, 6:51 pm
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