Quote:
Originally Posted by GGG
I’d talk with your kids about it.
If you have multiple executors now you have created a potential conflict where one wants to spend the money and the other doesn’t. If you have one executor then the other beneficiaries may get angry if the executor is wasting their inheritance on a professional.
Obviously you knowhow likely this type of conflict is to occur.
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When I did our parents’ none of my three siblings complained about any decisions including hiring a pro. It was my decision to make. Two of them wanted to buy our parents’ house. I made what I thought was the best decision after consideration of the financial considerations. I also gave my sister and her husband one years of free residency in the house for her being caregiver to our dad as per his wish. There were no conflicts. I also decided a plan for dispersing personal assets.