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Dishonest executor

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S

sonny6

Guest
What is the name of your state? Washington State. The laws here give the Personal Representative pretty much unlimited power over the estate. My wife's sister is P.R. of their Dad's estate and is in the process of selling the only property. Since she is out of state there is an attorney for the estate. Our attorney has prevented a couple poorly conceived sales (my sister in law has never seen a bad deal she didn't like). Now on this present sale agreement the personal representative has avoided contact with her own attorney (estate attorney). Since the P.R. has already demonstrated her morals, with the theft of all the personal property, our attorney says if she mismanages the money we can have her prosecuted.
My question though, I'm curious about these companies that loan money on potential inheritance. They claim to take the chance themselves and the economic concept seems to make sense. I know this forum does not like them, I tend to think of them the same as the payday loan companies. But hey, Moneytree sponsors the Seattle Mariners. My point would be to have a large company wanting money from the P.R. Kind of a reverse deep pockets theory.
 



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