Source: The Monterey Herald
The link: https://www.montereyherald.com/2020/12/12/liza-horvath-senior-advocate-delay-of-estate-settlement-results-in-extra-legal-costs/
you left the estate administration “alive” as a way of keeping the memory of your parents alive. While this is not completely uncommon, it can be risky…
This article by Monterey Trust Management‘s Liza Horvath makes a prudent and practical case for the expedient administration of an estate. Citing an example of an estate wherein a beneficiary himself died before the distribution of assets shows how things can get complicated. When things get complicated, especially in an estate, things can get expensive. Any probate attorney will cite many such examples, and reasons to be swift in your execution.
The moral of the story here being, “Get ‘er done”.