If an executor in California commits misconduct while handling the estate of a deceased person, the heirs and beneficiaries may be able to get their rightful assets back by filing a lawsuit against the executor.
If an executor does not do their job the right way, the beneficiaries of the Will can potentially sue for “breach of fiduciary duty”. In that instance, the executor can be held personally liable to all of the beneficiaries under the Will.
If an executor in California commits misconduct while handling the estate of a deceased person, the heirs and beneficiaries may be able to get their rightful assets back by filing a lawsuit against the executor.
Proving Executor Misconduct Pull the bank statements, transaction records, and communication logs. Beneficiaries or others involved in the probate process can provide detailed accounts of the executor's actions. You need a sharp attorney to gather evidence, file the motions, and fight for your interests.
The Executor is responsible for many decisions throughout the Estate administration process and has a duty, and is liable, to ensure that they act in the best interests of the Estate; and not their own.
When the beneficiaries, heirs, or any interested party feels that the named executor or administrator is not fulfilling his or her duties, he or she can file a petition with the court where the decedent's will was admitted into probate and ask the court to remove the executor or trustee.
Removing A Person You Don't Trust as Executor Because of this risk, beneficiaries should not hesitate to request the removal of an executor if there is true mismanagement of the estate. If an executor breaches their fiduciary duty, they may be subject to serious financial and legal ramifications.
When a property has to be sold it is wise to use a solicitor to complete that process. The executor has to wait for at least 6 months after a death before distributing the possessions and assets.
The timeline for distributing funds after probate depends largely on the complexity of the estate. For straightforward estates with minimal assets, such as a single bank account and no property, beneficiaries might receive their inheritance within six months.
How long after probate can funds be distributed in the UK? A Personal Representative, or executor, has 365 days in which to administer the estate of the deceased and to distribute their assets to the Beneficiaries. As complex estates can take longer than a year to wind up, this isn't a strict deadline.