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Does the executor have sole decision capabilities when agreeing on the sale price of an estate? |
or do the beneficiaries have any say in the decision? The executor's obligation is to get the best price for any sizeable properties to be sold. In the case of real estate, that usually means obtaining a professional appraisal & then listing the property for least that amount. If ALL the beneficiaries agree to sell for less or waive an appraisal they may do so. The beneficiaries should have a say, because they are the ones who are directly involved and they stand to benefit or lose the most. The executor is only an overseerer, to see that things get done. |
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