An executor manages the final affairs of a deceased loved one under Texas law. This fiduciary must protect the estate’s assets and prioritize the interests of the beneficiaries. Negligence occurs when an executor ignores these legal duties or acts carelessly.
1. Missing the inventory deadline
Texas law requires the executor to file a verified inventory within 90 days of their appointment. An executor who misses this deadline violates the Texas Estates Code and risks court sanctions.
2. Failing to communicate
Beneficiaries deserve regular updates regarding the status of the estate. Silence usually indicates incompetence or a lack of progress during the probate process.
3. Commingling estate assets
A fiduciary must maintain a dedicated bank account for the estate. Mixing personal funds with estate money violates state law and suggests financial mismanagement.
4. Selling property below value
Selling assets for less than the fair market value harms the beneficiaries. This behavior suggests a conflict of interest or a failure to preserve the estate’s worth.
5. Ignoring debts and taxes
Negligent executors often ignore creditor claims or tax filings. These mistakes cause the estate to lose value through unnecessary interest and late penalties.
6. Refusing an accounting
Beneficiaries may demand a formal accounting after 15 months. A refusal shows that the executor likely hides financial errors, theft or personal gain.
7. Delaying final distributions
Holding inheritance funds indefinitely lacks justification once the executor pays all debts. Stagnant probate files indicate the executor lacks the necessary skill to finish the job.
Safeguarding your family interests
Negligent actions drain the wealth your loved one intended for you. You deserve a swift and accurate resolution to the probate process. An experienced advocate ensures the executor respects every Texas statute, secures your financial future and holds the wrongdoer accountable.