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Your brother is executor to your our will your parents will was that you share and share alike but he is conducting rental property as a buisness is that legal? |
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Answer
I suggest you get a copy of that Will (you are entitled as a heir) and also, I do believe the lawyer would have had to talk to both of you and explain the situation of the Will. It can take a year or more to Probate a Will. A Probate means that all debts are paid off to creditors; all property taxes and personal taxes are paid before the monies or properties of the deceased are released. So, perhaps your brother is utilizing this property to gain more money in that year which is good for both of you. I am hoping this is a legal business.
Also, if you are a minor and your brother isn't he could be conducting the business to help make more money that should go back into the Estate and be divided equally between the two of you. You still have a right to see the Will and if you are a minor then you have to see how your parents put it in the Will as to when you 1/2 of the property or any monies is released to you (probably legal age.)
If you don't like something your brother is doing (executive or not) you can seek legal counsel and you do have the right to deny a business being run on the rental property. If you have not accepted any money from this rental property/business and the money has not gone back into the Estate it's called stealing.
Look after your legal rights. If you don't know how to go about this then either talk to a good friend who may know of a good lawyer. Be careful! Ask what their fee is first and do a little shopping around.
First answer by Marcy. Last edit by Marcy. Contributor trust: 4100 [recommend contributor]. Question popularity: 76 [recommend question]
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