RE: I am an Executor; LADIES of HIVE #223
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I was asked to be the Executor for my parents, but then as I was about to accept, I was told by their lawyer that accepting would require me to move back to the states and never leave. So... that didn't happen.
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Wait what? Why is that? Being an only child with no kids and having a husband whose whole family lives in Australia… I could see being in a position where I would want an executor not on US soil. It would for sure be hard to manage an estate from a different country, but they said you were not allowed?!!!
I don't have an answer for that. All I know is I was told I wouldn't be allowed to continue living in Japan if I wanted to do it. So I reluctantly passed, despite being the oldest which makes me feel like it should be my responsibility. Part of me thinks it was a final attempt by my parents to force me to move "home", but I'd like to not be so cynical. At any rate, I only know what I was told.
That is so weird. I could understand if you had to be in the country whilst you were carrying out the Executor role, I can see the practical justification for that, but before?
Maybe your parents really miss you a lot...
Yeah, I don't know. It could be an availability thing. If they worry the end could come instantly, and that I wouldn't be able to come for at least a few days or more. They ended up going with the youngest in the family, maybe because he lives in the same city as them.
I could wildly guess that there is a law to prevent capital from leaving the US. I'm curious to learn the reasons for this rule. I hope your parents had a alternate found.
Meanwhile, my Liberal government has increased the capital gains rate in Canada and as a result Investment capital is fleeing over the border. Now the government is considering a departure tax on individuals and businesses leaving Canada. ☹️ Facepalm!
!BBH
It could be, or it could be an availability thing. I don't know. They passed over my other brother, the next in line after me, too, and went with my youngest brother, I'm assuming because he lives in the same city.