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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal>Good morning,<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>I have this somewhat odd probate issue that I’m coming into late. I do not have a lot of information because the PC is on international travel until next week.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Decedent was parent of PC. Decedent’s will identified PC and another sibling as co-personal representatives for the estate. There are seven siblings in total (I think) and the will divides the property equally among the siblings.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>The will called for the residue of the estate to be placed into a trust for the benefit of decedent’s children with the proceeds disbursed one year after decedent’s death. Decedent died over two years ago.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>The estate seems to be worth about $500,000 most of which is real property. The will appoints decedent’s attorney, who also drafted the will, as the trustee. The will makes no provisions for a successor trustee. <o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>The estate is currently in probate. It does not appear that any of the estate, including the real property, has been transferred to the trust. The only remaining estate asset is the real property. (The trust may be funded with a small amount of money from decedent’s bank account.)<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>All of the heirs are in agreement and want to move forward with selling the property and distributing the proceeds. The attorney/trustee is apparently refusing to take this action. There is also a potential fee dispute related to the trustee taking payments for estate related work. <o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>The attorney/trustee has apparently expressed a desire to resign as trustee. <o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>I am trying to determine the most cost effective course of action given the limited assets of the estate and agreement among the heirs.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Would a TEDRA agreement suffice or is more required to deal with the will clause that seems to require the residue to be transferred to a trust? <o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Thanks in advance!<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Sincerely,<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>G. (Gus) Benjamin Lindsey III<o:p></o:p></p><p class=MsoNormal>Attorney-at-Law<o:p></o:p></p><p class=MsoNormal><img width=150 height=123 id="Picture_x0020_3" src="cid:image001.png@01D2BFFC.E56CEAF0"><o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>The Law Office of G. Benjamin Lindsey III<o:p></o:p></p><p class=MsoNormal>2012 Grade Road, Suite 202<o:p></o:p></p><p class=MsoNormal>Lake Stevens, WA 98258<o:p></o:p></p><p class=MsoNormal> <o:p></o:p></p><p class=MsoNormal>Phone: (425) 263-9585<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>website: <a href="http://www.gbl3law.com/">www.gbl3law.com</a><o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Employment/Labor Law Construction Law Civil Litigation Estate Planning Probate <o:p></o:p></p><p class=MsoNormal>Business Law<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>CONFIDENTIALITY NOTE: This e-mail message contains information belonging to The Law Office of G. Benjamin Lindsey III, which may be privileged, confidential and/or protected from disclosure. The information is intended only for the use of the individual or entity named above. If you think that you have received this message in error, please contact the sender. If you are not the intended recipient, any dissemination, distribution or copying is strictly prohibited<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>