SUCCESSION: AWOL Executor
from Just in Case Law Hosted by Tanya Chapman
Jedrzejewska v Sheedy [2023] VSC 511 An executor’s job is to administer a deceased’s person’s estate, including paying the deceased’s debts and distributing the inheritance to the beneficiaries. But what happens if the executor says he’s going to do it… but never does? In this case, the appointed executor published an intention to deal with the estate but then delayed, delayed, delayed. The primary beneficiary had to apply to the Victorian Supreme Court for the executor to be replaced, at significant cost and hassle to herself. Maybe this case can be a reminder of the important role an executor plays, the serious duties imposed on an executor and what can happen if an executor goes AWOL. This case was recommended by Mark Everingham of TPH Advisory: Smart Insolvency Solutions. Thank you to Mark and his mum for following the podcast.
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