Long story:
My aunt and uncle died within a year of each other in 2007 leaving a house and large garden with planning permission for the building of 2 houses.The estate was left to their four children- my cousins.
One of the cousins is married to a banker who was given the role as executor by my aunt and uncle along with my male cousin.
About 6 months ago the banker decided to divorce my cousin and leave his 4 children.The divorce has been messy, vitriolic and mean.The family are devestated. A younger woman is involved.His kids are in bits. His soon to be ex wife is severly depressed and has become practically agoraphobic.
The banker refuses to move on the sale of the house left to my cousins.He thinks that more houses could be built on the plot and therefore the sale price would increase, meaning his share would double. His ex wife would be a benefactor and he would therefore get a bigger slice follwing divorce proceedings.( he reckons)(He has applied for planning permission for a further 6 houses)
I am livid and want to help.I love my cousins to bits , but they are all greiving and in shock. My sister and i really want to help them, but they seemed resigned to give in to the banker( a bully and Twunt in one)
Questions:
Can an executor be deposed because of now having a conflict of interest?
How much would it cost?
My aunt and uncle would be horrified that this was happening.We know the banker has been planning to leave my cousin for some time and the feeling is he waited until my aunt and uncle were no longer around to leave her and the children. The younger woman affair has been going on for 4 years.
Please advise.