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Cortes Law Firm, Estate Planning, Probate, Trust Administration
What happens if co executors disagree?
If executors disagree, it is going to cost your estate a lot of extra money. That’s the bottom line. It’s going to take a lot longer to get things done. And it’s going to create a lot more attorney fees and cost with getting the probate completed. Like I said in the last video, if you can only pick one executor over your estate, if the executors cannot agree on what happens and the court has to get involved, then that usually means that there is going to have to be another law firm involved.
There’s going to have to be hearings and possibly trials, actual full blown trials with a jury, sometimes without a jury. Depends on the jurisdiction. But a full blown trial to decide which executors wishes to follow If executors don’t agree. Like I said, it’s going to create a lot of trouble for the estate and a lot more money. And in a lot of instances, the law firms that are involved end up making a lot more money than the executors actually receive as part of the estate. Bottom line is, if you have to pick an executor please just pick one. Don’t create a situation where are going to have to executors with full authority who are going to be fighting over how to administer your estate. Pick somebody that you trust implicitly. Pick one person and hopefully your estate will get administered quickly and with the least amount of cost.
I know I’ve thrown a lot at you today, so that’s why we’ve prepared our free guide on estate planning. I’ll put a link to it in the description below and in the comment section below that so that you can download it and get started in the right direction and to help you out even more. Watch this video up here and this video up here. If you enjoy this video, then guys please smash that subscribe button and click on the like button. And also click on that little bell so you’ll get notified every time we post a new video. Have a great day and an awesome week. And as always, thanks for watching.
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Cortes Law Firm
5801 Broadway Extension Hwy Suite 110
Oklahoma City, OK, 73118
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