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Author: Chipsboss Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19026  
Subject: Re: Poll: I say Date: 4/26/2000 8:01 PM
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I voted to trust your instincts, but I have a warning. I have seen an estate with just two heirs, both of them executors and equally powerful in decision making authority for the estate. They cannot agree on the management of the estate and no one has a deciding vote.

What are your wishes in case your two sons (the executors) cannot agree, for example, on whether a particular child of yours receives a particular item from your estate? A wants to give it to B and C wants to give it to D. Neither A nor C will give in, and feelings are rising. Now what?

I recommend some tie-breaking procedure that will avoid lawyers and hard-feelings. How about making just one of the sons your executor, asking him to consider consultations with your other heirs but not requiring these consultations and allowing him to follow his own final judgement?

Chips, who has seen far too much dissension in families quarrelling over estates
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