Executor of Will

Gingernutty

JReacher1 wrote: »

Yes but edited...

Anyway it was the this line I was responding to (in your other post).

" The idea that he/she is passing money not belonging to him/her through his/her own bank accounts is hair raising."

If the inheritance is low and probate is not needed I would not say it's at all hair raising to pass the money though your own bank account.

Post #2 was edited to add a comma, the whole statement is still there.

As stated before.

A separate account for estate monies is required by the probate process, a good idea if there is mistrust between any of the parties, if there are going to be difficulties with any benefits agencies and it keeps everything simple.

Even if probate doesn't apply, the estate's executor must acquire letters of administration - the legal duties are no less onerous.

JReacher1

Gingernutty wrote: »

Post #2 was edited to add a comma, the whole statement is still there.

As stated before.

A separate account for estate monies is required by the probate process, a good idea if there is mistrust between any of the parties, if there are going to be difficulties with any benefits agencies and it keeps everything simple.

Even if probate doesn't apply, the estate's executor must acquire letters of administration - the legal duties are no less onerous.

I don't want to carry on arguing I was just disputing your line of

" The idea that he/she is passing money not belonging to him/her through his/her own bank accounts is hair raising."

Its perfectly acceptable to do this for a small amount of money which is lower than the probate threshold of £25k.

All your other posts are irrelevant as I am not disputing them. Although I would say the legal duties of an inheritence that doesn't go through Probate are a lot less onerous than those that do!