Probate estates drained by executors when no formal accounts were filed

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Probate estates drained by executors


Posted on Mar 10, 2009

This new story details to men in charge of probate estates in Mississippi who bled the estate's dry.  In both cases the executor's did not file a formal accountings with the local probate courts.  This allowed them to take money from the probate estates without the beneficiaries ever becoming aware.  The lesson for beneficiaries of California probate estates is to require the executor to either produce copies of the financial records for the probate estate or provide a formal account to the court.  If the executor declines to either provide the records or a formal account then assume you have trouble brewing.

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The Grossman Law Firm, A.P.C. are Riverside, California probate lawyers.  We help probate estates in Riverside County, California.  We appear in the Riverside probate court for cases in the area bounded by Temecula, Corona, and Banning, California.  We appear in the Palm Springs/Indio probate court for cases from Palm Springs, Palm Desert, Rancho Mirage, Desert Hot Springs, Cathedral City, Indian Wells, and Indio, California.  If you  would like more information on probate and trust administration then order our free book The Insider's Guide to California Probate and Trust Administration as well as our free DVD Probate a Will or Administer a Trust After the Death of a Loved One.