It is quite common to see friction amongst family members when it comes to settling an estate. Past grievances amongst family members often reach new heights when Mom or Dad passes away and there are assets to divide up.

Under such circumstances, it is essential for the executor to maintain an impartial, evenhanded stance. They cannot allow themselves to get pulled into a contentious situation or be asked to take sides.

If friction within the family is significant, the executor may opt to delegate the estate settlement to a trust company and, in extreme cases, apply to the Court to renounce their role.

 

©QuickEstate Administrators Inc.