If I die before estate settled...

jimmy_cricket

What would happen?

I posted on here last February about a reluctant executor. I will update that thread once the estate is settled.

A related question I have is that if the estate is not finalised and a beneficiary dies in the meantime, what would happen to their share of the estate?

Many thanks

JC

FreeBear

jimmy_cricket wrote: »

A related question I have is that if the estate is not finalised and a beneficiary dies in the meantime, what would happen to their share of the estate?

Sometimes, a will will have a clause saying something along the lines of "if [beneficiary] survives me by 28 days..." - If the beneficiary dies before then, the bequest (normally) returns to the pot to be distributed according to the remaining rules.

Should the beneficiary have survived more than the 28 days or there was no such clause, the the bequest forms part of the beneficiary's estate. In this situation, the executors of the original estate must pass the bequest on to the executors of the freshly deceased's estate.

jimmy_cricket

FreeBear wrote: »

Sometimes, a will will have a clause saying something along the lines of "if [beneficiary] survives me by 28 days..." - If the beneficiary dies before then, the bequest (normally) returns to the pot to be distributed according to the remaining rules.

Should the beneficiary have survived more than the 28 days or there was no such clause, the the bequest forms part of the beneficiary's estate. In this situation, the executors of the original estate must pass the bequest on to the executors of the freshly deceased's estate.

Thanks very much freebear. I don't have the will to hand but do remember a 28 day clause in there somewhere. But, with a reluctant executor we are FAR. Beyond this.