Did They Wait to Settle Up?

If it takes years for a relative’s estate to be finally settled, it can be tempting to think that the reason was because there was a legal wrangling over the estate. While sometimes that is the case, it is also possible that the relative’s surviving spouse had a lifetime interest in the property or was given a life estate by the deceased relative. It’s also possible that if there were minor heirs, the other heirs waited to finally settle the estate until all the heirs were legally old enough to execute documents. That’s often easier than going through the process of appointing a guardian.

There are reasons why an estate could be drawn out over some time besides family drama. Although family drama is a frequent reason.

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