I would like to know if a former bankrupt can be an Executor of a Deceased Estate. My older male sibling claimed some years back that he had become a bankrupt due to a messy separation with his now ex de facto wife.
He is now an Executor of a deceased estate, our late mother's deceased estate. Recently, he has frequently referred to a large Tax Debt that he alleges he owes, or that he also owes a seven-figure amount and of late he has mentioned his Will. He owns property, is self-employed and has several other streams of income. He has recently left for overseas on a business trip.
I am somewhat confused since I would have thought that owning property, being self-employed and going O/seas for a business trip would entail income in and surplus for overseas trips. I am unsure what his motive is, however, could someone give me some enlightenment on this. We are to receive 50% each of the proceeds of the sale of the house since we are also the Beneficiaries.
I feel that he has been "playing" me this one and half years throughout the Estate matter.
Thanks
He is now an Executor of a deceased estate, our late mother's deceased estate. Recently, he has frequently referred to a large Tax Debt that he alleges he owes, or that he also owes a seven-figure amount and of late he has mentioned his Will. He owns property, is self-employed and has several other streams of income. He has recently left for overseas on a business trip.
I am somewhat confused since I would have thought that owning property, being self-employed and going O/seas for a business trip would entail income in and surplus for overseas trips. I am unsure what his motive is, however, could someone give me some enlightenment on this. We are to receive 50% each of the proceeds of the sale of the house since we are also the Beneficiaries.
I feel that he has been "playing" me this one and half years throughout the Estate matter.
Thanks