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Repairs to a house in probate?
troubleinparadise
Posts: 1,120 Forumite
Hi,
I'm hoping someone out there might have an answer to this question.
I'm a joint executor for a will which includes a house; we are still in the process of sorting out the paperwork before applying for Probate. The house is being left jointly to two beneficiaries, separate from the beneficiaries of the residue of the estate (the final pot of money, as I see it).
The neighbour next door to the terraced house has found damp problems connected with the adjoining roof line of the two houses, and is keen to get on with sorting the problems out. I can also see cracks in the render on the outside wall, and pointing that needs repairing in the chimney stacks.
As executor, I understand it is also my responsibility to maintain the house for the beneficiaries. Will I have to pay for these repairs myself before Probate is granted, but should it then be possible to claim that money back from the capital in the Estate? Or if the work takes longer than it takes to achieve Probate, can the repair bill just be deducted from the residue of the Estate?
Thanks in advance
I'm hoping someone out there might have an answer to this question.
I'm a joint executor for a will which includes a house; we are still in the process of sorting out the paperwork before applying for Probate. The house is being left jointly to two beneficiaries, separate from the beneficiaries of the residue of the estate (the final pot of money, as I see it).
The neighbour next door to the terraced house has found damp problems connected with the adjoining roof line of the two houses, and is keen to get on with sorting the problems out. I can also see cracks in the render on the outside wall, and pointing that needs repairing in the chimney stacks.
As executor, I understand it is also my responsibility to maintain the house for the beneficiaries. Will I have to pay for these repairs myself before Probate is granted, but should it then be possible to claim that money back from the capital in the Estate? Or if the work takes longer than it takes to achieve Probate, can the repair bill just be deducted from the residue of the Estate?
Thanks in advance
0
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