Do i have legal rights

junkmaik

Keeping this brief
I was made the executor of my parent will of testament. It is wrote to be devided at equal shares between myself and siblings. I have asked my siblings to accept a proposal at a lower offer of the net worth to buy them out of the will of testament. One sibiling does not want to accept and wants the equal net worth of the will. What are my options? do i have any rights?

Stubod

As an executor it is your due to process the will as it is written....not sure why you think you would have any "rights" to make changes without the other beneficiaries consent?

xylophone

do i have any rights?

Yes, your share of your parent's estate as bequeathed in the will.

Thus, if you have three siblings, you have a right to a quarter of the value of the estate.

You have no right to expect them to take a lesser share to suit your convenience.

Mickey666

junkmaik said:

Keeping this brief
I was made the executor of my parent will of testament. It is wrote to be devided at equal shares between myself and siblings. I have asked my siblings to accept a proposal at a lower offer of the net worth to buy them out of the will of testament. One sibiling does not want to accept and wants the equal net worth of the will. What are my options? do i have any rights?

On what basis do you think this is even remotely acceptable?  Being an executor gives you no 'rights' as such, it does give you responsibilities, one of which is to execute the will as it is written.

How would YOU like being asked to accept less than that defined in the will?

junkmaik

Stubod said:

As an executor it is your due to process the will as it is written....not sure why you think you would have any "rights" to make changes without the other beneficiaries consent?

My lawyer emailed my siblings if they agree to my offer to pay them out at a lower scale, my family agree with this offer towards my siblings only 1 sibling doesnt, she wants the equal amount of the wills net worth and said shes feels underpaid (10k under payment each).

I want to purchase the house of my parent but at a lower price.

Keep_pedalling

junkmaik said:

Stubod said:

As an executor it is your due to process the will as it is written....not sure why you think you would have any "rights" to make changes without the other beneficiaries consent?

My lawyer emailed my siblings if they agree to my offer to pay them out at a lower scale, my family agree with this offer towards my siblings only 1 sibling doesnt, she wants the equal amount of the wills net worth and said shes feels underpaid (10k under payment each).

I want to purchase the house of my parent but at a lower price.

If some of your siblings have agreed to this then they can do a deed of variation to give you a portion of their inheritance. You will have to give the sibling who does not agree to do this the full market price of their share.

if you can’t afford to do this then the house will have to be sold.

xylophone

I want to purchase the house of my parent but at a lower price.

Your parent's will leaves the property in equal shares to you and your siblings?

Let's say it is worth £400,000 and you have three siblings - if you want to buy out their interests, you pay them £100,000 each unless they each individually agree otherwise.

Why do you expect your sibling to accept less than her due?

And what your family expects is irrelevant - what the will directs is what you have the duty to do.

junkmaik

Mickey666 said:

junkmaik said:

Keeping this brief
I was made the executor of my parent will of testament. It is wrote to be devided at equal shares between myself and siblings. I have asked my siblings to accept a proposal at a lower offer of the net worth to buy them out of the will of testament. One sibiling does not want to accept and wants the equal net worth of the will. What are my options? do i have any rights?

On what basis do you think this is even remotely acceptable?  Being an executor gives you no 'rights' as such, it does give you responsibilities, one of which is to execute the will as it is written.

How would YOU like being asked to accept less than that defined in the will?

I alway's resided with my father. I stayed with him through thick and thin, my fathers home is my home and now my father has passed i feel my siblings will make me homeless for there share.
I feel its only right i should be entilted to more.

xylophone

I alway's resided with my father. I stayed with him through thick and thin, my fathers home is my home and now my father has passed i feel my siblings will make me homeless for there share.
I feel its only right i should be entilted to more.

What you feel is irrelevant - your father decided to leave his estate in equal shares to all his children.

Perhaps they might agree to accept a percentage of their inheritance now while you agree to repay them all in instalments - they would take a charge on the property as security for the debt.

elsien

junkmaik said:

Mickey666 said:

junkmaik said:

Keeping this brief
I was made the executor of my parent will of testament. It is wrote to be devided at equal shares between myself and siblings. I have asked my siblings to accept a proposal at a lower offer of the net worth to buy them out of the will of testament. One sibiling does not want to accept and wants the equal net worth of the will. What are my options? do i have any rights?

On what basis do you think this is even remotely acceptable?  Being an executor gives you no 'rights' as such, it does give you responsibilities, one of which is to execute the will as it is written.

How would YOU like being asked to accept less than that defined in the will?

I alway's resided with my father. I stayed with him through thick and thin, my fathers home is my home and now my father has passed i feel my siblings will make me homeless for there share.
I feel its only right i should be entilted to more.

Clearly your father disagreed, otherwise his will would have been different. 

SevenOfNine

junkmaik said:

Mickey666 said:

junkmaik said:

Keeping this brief
I was made the executor of my parent will of testament. It is wrote to be devided at equal shares between myself and siblings. I have asked my siblings to accept a proposal at a lower offer of the net worth to buy them out of the will of testament. One sibiling does not want to accept and wants the equal net worth of the will. What are my options? do i have any rights?

On what basis do you think this is even remotely acceptable?  Being an executor gives you no 'rights' as such, it does give you responsibilities, one of which is to execute the will as it is written.

How would YOU like being asked to accept less than that defined in the will?

I alway's resided with my father. I stayed with him through thick and thin, my fathers home is my home and now my father has passed i feel my siblings will make me homeless for there share.
I feel its only right i should be entilted to more.

"I feel its only right i should be entilted to more".

You're not.  Some siblings may agree with you, but any that don't are entitled, legally entitled, to their 'share' as indicated in the will.

Sounds as if you employed a solicitor to contact siblings with your offer, perhaps they can claify your exact position legally, as opposed to what you feel is right. Fair, maybe not.