Is there a risk to give up co executorship to one executor?

Asked over 2 years ago - Marco Island, FL

My brother and I were named as co-executors for my mothers estate. My brother is using his personal atty. He is asking for me to sign a waiver to give him sole representation
because he lives closer to atty. I live two hours away, but retired and time isn't an issue. Is there a risk to do this???

Attorney answers (4)

  1. Marian Audrey Lindquist

    Contributor Level 17

    8

    Lawyers agree

    Answered . There is a risk to sign a waiver. If you and your brother are co-personal representatives (the term for executor in Florida) it takes two signatures to sign checks and any other documents that require the personal representatives signature. I can understand, for expediency reasons, having one personal representative, because then you don't have to circulate documents to get signatures. If you are concerned about it, and I think you are or you wouldn't be asking this question, don't sign the waiver.

    The contents of this answer should be considered friendly advice, not legal advice and the answer should not be... more
  2. Marva Lynn Wiley

    Contributor Level 10

    5

    Lawyers agree

    Answered . Your post suggests you both live in Florida which is the venue of the estate. Do you both live in the same circuit as your mother did? What types of assets are involved? In a very simple estate, I may disagree with my colleagues because much of the probate process can be ceremonial. If, however, you have real property that is going to require management and/or sale, it could get complex and divisive.

  3. Steven J. Fromm

    Contributor Level 20

    4

    Lawyers agree

    Answered . Do not give up control. I repeat, do not give up control. I cannot tell how many times this kind of action results in big problems down the road. Your mom gave both of you control and it may be for good reason. Stay involved and in that way you can avoid problems. And if you have a problem with him using his personal attorney, get one for yourself or demand that you and him pick an unbiased new estates attorney.

    Hope this helps.

    Please remember to designate a best answer to your question.

    Mr. Fromm is licensed to practice law throughout the state of PA with offices in Philadelphia and Montgomery Counties. He is authorized to handle IRS matters throughout the United States. His phone number is 215-735-2336 or his email address is sjfpc@comcast.net , his website for more tax, estate and business articles is www.sjfpc.com. and his blog is

    LEGAL DISCLAIMER Mr. Fromm is licensed to practice law throughout the state of PA with offices in Philadelphia... more
  4. L Christopher Arvin

    Contributor Level 13

    4

    Lawyers agree

    Answered . Why do it? Nothing positive - only negative. Keep the relationship - don't do it!

    This does not create an attorney/client relationship. This does not constitue legal advice. It is limited to facts of the question. You should consult an attorney in the appropriate state involved before making any decisions based on this answer

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