How Long Does an Executor Have to Sell a House?
AuthorKelsey Heath. Date:
The death of a loved one leads to a stressful and emotional period. There are funeral arrangements, but also handling and distributing the assets of the deceased person’s possessions. If you’ve been named executor of the estate, you now have a long list of tasks to complete; if you’re a beneficiary, you’re considering things like inheritance tax and the probate process. All parties are left with questions like, how long does an executor have to sell a house? What is the Role of an Executor of an Estate? An executor of an estate, also known as a personal representative, is a person appointed to manage and settle the estate of a deceased person according to the terms of the deceased’s will. The executor of an estate is appointed by the person who writes the will, known as the testator. If a person dies without a will (known as dying “intestate”), if … Continued
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