Q: In Texas, how is a decedent's stock portfolio value determined for dismemberment?
I’m trying to determine the value of an inheritance of securities the decedent owned. Is the disbursement amount based on the stock price at time of death or is it based on the value when the executors sell the stock?
And I’m dealing with an independent executor that has refused to sell stock under the assumption it will increase in value. It doubled then halved its value twice over the course of two years. Is this acceptable or is he neglecting fiduciary responsibilities?
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