QUESTION
What do I do if someone wants to buy a property that was given to me from a will?
Asked on Jul 22nd, 2011 on Estate Planning - Georgia
More details to this question:
My dad had a contract with someone buying his boat. They were making monthly payments. My dad has since passed away but I have the contract and I am in charge of the estate as Per the legal will. Do they legally have to pay me or can they get out of it?
3 ANSWERS
Family Law Attorney serving Little Rock, AR
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Tammy B. Gattis Attorney at Law, P.A.
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Probably have to continue to pay.
Answered on Jul 24th, 2011 at 3:26 PM
Trusts and Estates Attorney serving Jacksonville, FL
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Law Office of David M. Goldman PLLC
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You would have to look at terms of the contract, but generally the contracts are enforceable by his estate or the beneficiary of the note
Answered on Jul 24th, 2011 at 1:43 PM
Glen Edward Ashman
It depends on the wording of the contract. Since as executor your first duty was to hire a lawyer (if you did not, do that), the estate attorney will help you make that determination.
Answered on Jul 23rd, 2011 at 8:21 AM