The Trustee put the house on the market for $219,000 then sold it for $180,000 the same day it went on the market. She did all of this without notifying the beneficiaries. She is also the Personal Representative. The comparable townhouses in the area are selling for $220,000. Is she personally accountable for this negligence?
You will need to hire a lawyer and object to her action. Was the house sold by her as trustee? Or through the probate? Regardless, you will have to object. There may be special circumstances that justify the lower amount, but you will need to investigate.
Given the amount, however, this may be one of there being a difference between having rights and enforcing rights. The cost to deal with this could outweigh the benefit/
Has the sale closed? Have you asked the Trustee the basis of the low sale price?
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Attorney Shultz is correct. Please retain an attorney as soon as possible. He or she can investigate this matter and, if your facts are confirmed, object to the sale of the townhouse for less than market value. Good luck to you.
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