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Asked in MS May 21, 2022 ,  0 answers

Purchase property

I am the exeutor of my mothers property in mississippi can I purchase it.

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1 Answers

Anonymous
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Posted on / May 08, 2009 08:45:00

Re: Purchase property

As a fiduciary, the executor can purchase property from the estate if the purchase is not taking advantage of that relationship or special knowledge from that relationship. The purchase should be submitted to the probate court for approval with full disclosure of all material facts and the legatees and creditors should be given notice and opportunity to object.

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