Can I sue the executor for a lost diamond ring?

Full question:

The executor of my Mother's estate lost a diamond ring I was to get. It was valued at 2000.00 but to me it is priceless. Can I sue the executor for 10,000.00 or more?

  • Category: Wills and Estates
  • Subcategory: Executors and Administrators
  • Date:
  • State: Alabama

Answer:

You can sue the executor, but you can only recover up to the ring's value of $2,000.00. According to Alabama law (Ala. Code § 43-2-110), an executor is generally not liable for more than the assets they have managed or lost due to their negligence or breach of trust.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

An executor is held accountable by the beneficiaries of the estate and the probate court. Beneficiaries can request an accounting of the estate's assets and how they have been managed. If the executor fails to fulfill their duties or mismanages assets, they can be held liable in court.