What does the 'net value of such estate does not exceed'? mean?

getmore4less

There is no reason not to send you an interim inventory and account.

they can itemise the things to be finalised as estimates, which they must have done to decide that you can have £10k as an interim/final payment.


What is the gross figure on the grant that is just as significant as the net(taxable) figure.

rpc

Tuesday_Tenor wrote: »

Either the estate has been finalised, the accounts can be viewed and you can receive a one-third cheque.

Or

There aren't accounts yet as there are still things to finalise, and in which case they can't issue you a 'one-third of estate ' cheque.

Or someone is playing billy suggers.

This bit sets alarm bells off:

my brother is owed some money for a house debt he paid for

The estate isn't finalised if the debts aren't paid and having seen a few of these threads my initial reaction is that there probably isn't a debt there to pay (brother may feel he is owed, but that's different).

And then claiming you must have trust issues because you want to see the accounts - someone is hiding something.

pixiescar

Tuesday_Tenor wrote: »

The stance the executors are taking makes no sense to us here on the board. We don't understand it either. [Think I can speak for several of us ?]

You do understand correctly that (as Mojisola said in a previous post):

Either the estate has been finalised, the accounts can be viewed and you can receive a one-third cheque.

Or

There aren't accounts yet as there are still things to finalise, and in which case they can't issue you a 'one-third of estate ' cheque.

The execturos are at best very muddled. More likely there is something peculiair going on, as you suspect.

As far as the main executor is concerned, the estate has been finalised, yet there was an issue with one of the bills, which she is awaiting some extra bank statement documentation before she sends me the accounts. She says that she can send me "half now".
Then she said that she doesn't want to put them in the post because there are "too many things"...blah blah blah.

I haven't put the cheque in. I've told her that, yes, I do have trust issues as I haven't seen any documentation and although those issues are not directly personal, it would be foolish of me to sign something confirming information which I have not seen.

I am going to ask her to release the information directly from the solicitors to me so that I can see the estate accounts and have peace of mind. If she comes up with any more excuses, I'm going to advise her that I will be seeking my own solicitor to look into it.

That seems fair to me. I basically said, "If everything has been done above board, you have nothing to worry about. This isn't personal, this is just me completing my paperwork as a beneficiary, clearly and honestly."

p.s in the middle of the conversation, she then said something about her own finances and that she wanted "gift" me quite a substantial amount of her own money. This makes me even more suspicious to be honest! I'm not looking for more money, I'm looking for clarity.

g6jns_2

pixiescar wrote: »

As far as the main executor is concerned, the estate has been finalised, yet there was an issue with one of the bills, which she is awaiting some extra bank statement documentation before she sends me the accounts. She says that she can send me "half now".
Then she said that she doesn't want to put them in the post because there are "too many things"...blah blah blah.

I haven't put the cheque in. I've told her that, yes, I do have trust issues as I haven't seen any documentation and although those issues are not directly personal, it would be foolish of me to sign something confirming information which I have not seen.

I am going to ask her to release the information directly from the solicitors to me so that I can see the estate accounts and have peace of mind. If she comes up with any more excuses, I'm going to advise her that I will be seeking my own solicitor to look into it.

That seems fair to me. I basically said, "If everything has been done above board, you have nothing to worry about. This isn't personal, this is just me completing my paperwork as a beneficiary, clearly and honestly."

p.s in the middle of the conversation, she then said something about her own finances and that she wanted "gift" me quite a substantial amount of her own money. This makes me even more suspicious to be honest! I'm not looking for more money, I'm looking for clarity.

This just reinforces my view that the whole thing stinks. Sorry to be blunt but Imthink you have to be hard hearted to protect everyone's interests. Remember that as joint executor you are liable.

pixiescar

g6jns wrote: »

This just reinforces my view that the whole thing stinks. Sorry to be blunt but Imthink you have to be hard hearted to protect everyone's interests. Remember that as joint executor you are liable.

Thank you for all your help. I'm going to ask the executors to release the estate accounts directly from the solicitors. If that isn't agreeable, then I'm going to have to employ my own solicitor to make sure that this is done properly.

Ugh. What a mess!

g6jns_2

Tuesday_Tenor wrote: »

The stance the executors are taking makes no sense to us here on the board. We don't understand it either. [Think I can speak for several of us ?]

You do understand correctly that (as Mojisola said in a previous post):

Either the estate has been finalised, the accounts can be viewed and you can receive a one-third cheque.

Or

There aren't accounts yet as there are still things to finalise, and in which case they can't issue you a 'one-third of estate ' cheque.

The execturos are at best very muddled. More likely there is something peculiair going on, as you suspect.

Agree 100%. The OP needs to be quite firm.

Tuesday_Tenor

pixiescar wrote: »

p.s in the middle of the conversation, she then said something about her own finances and that she wanted "gift" me quite a substantial amount of her own money. This makes me even more suspicious to be honest! I'm not looking for more money, I'm looking for clarity.

This makes me even more suspicious too!

Stand firm. You're being perfectly reasonable in wanting clarity about the value of the estate.

Tuesday_Tenor

g6jns wrote: »

Remember that as joint executor you are liable.

Pixie isn't an executor ... Think you're confusing this with another thread.

g6jns_2

Tuesday_Tenor wrote: »

Pixie isn't an executor ... Think you're confusing this with another thread.

You are correct! Finger trouble on my part. Apologies to all.

Tuesday_Tenor

Pixie
(Noticed you'd posted on another thread recently, so are 'around'....)

Have you got any closer to the bottom of all this?