Executor - Future bills on the deceased's property

baby_boomer

On an earlier thread I suggested paying these out of the estate account but several people advised against this.

What is the best way to pay for insurance and utility bills after someone dies?

getmore4less

You would be better keeping all you questions in a single thread.

Not sure what the problem is with paying these from the executors account.

In my case I took them over and will ballance up later when we distribute to the 2 benifitiaries.


Council tax should be susspended til probate then you get 6 months.

Insurnace need notifiying imediately because the cover will have to change.

baby_boomer

getmore4less wrote: »

You would be better keeping all you questions in a single thread.

Sorry to disagree.

I created the separate threads because of my own experience of searching for information on the forums before asking any questions. Everything was mixed up and confused and I wasted a lot of time. My aim is to help myself but also to help others who search in future.

getmore4less wrote: »

Not sure what the problem is with paying these from the executors account.

In my case I took them over and will ballance up later when we distribute to the 2 benificiaries.

I'll pursue this with the bank when I see them on Thursday and also ask the lawyer when I see him tomorrow.

gm4l Thanks for all your help so far. You've been brilliant .

Savvy_Sue

Some utilities will, I believe, suspend action on unpaid bills until you've got money in the Executor's account to pay them. Worth asking.

baby_boomer

The bank will only let me use the Estate account after grant of probate.

So in the meantime I've set up a separate executor's account with my own money to keep most of the immediate bills under one roof for ease of accounting.

Utilities have been pretty good. Yorkshire Water have a light usage allowance up to which they won't charge and the gas and electric have said they will give the estate time to pay.

I've encountered a couple of online challenges e.g. BT bills are online and he as £50 in unpaid Quidco cashbacks which can take time to come through.

Norman_Castle

On an earlier thread I suggested paying these out of the estate account but several people advised against this.

What is the best way to pay for insurance and utility bills after someone dies?

From the estate account. Thats what its for. Ensure property and anything of value is suitably insured and secured. Anything else can wait until probate has been granted.

paddedjohn

baby_boomer wrote: »

The bank will only let me use the Estate account after grant of probate.

So in the meantime I've set up a separate executor's account with my own money to keep most of the immediate bills under one roof for ease of accounting.

Utilities have been pretty good. Yorkshire Water have a light usage allowance up to which they won't charge and the gas and electric have said they will give the estate time to pay.

I've encountered a couple of online challenges e.g. BT bills are online and he as £50 in unpaid Quidco cashbacks which can take time to come through.

you should never involve your own cash in an estate it could cause problems later on, that is what the estates account should be used for, sorting the estates bills

getmore4less

paddedjohn wrote: »

you should never involve your own cash in an estate it could cause problems later on, that is what the estates account should be used for, sorting the estates bills

What problems?

You show you put £1k loan into the account or paid a necessary bill direct(eg house insurance) and that comes off the estate before distribution.

Norman_Castle

If you use your own money for the estates expenses, only cover unavoidable costs, insurance, funeral etc. Keep good records and repay yourself in full as soon as funds are avaliable.

pollypenny

I paid various utility bills for my father's house from my money, provided the receipts to the solicitor and was refunded with no problem.

They were simple items on my list of expenses.