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Overpaid by estate executor/solicitors they want it back

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Over four years ago my two young children are were fortunate beneficiaries of an estate. Yesterday, out of the blue, I received a letter saying they had overpaid my son by £5k ( now aged 11years) and me by £5.5k, totalling £10.5k, and asking me to send a cheque with payment within 14 days (!!!) They also said my daughter had been underpaid by £5k and asked me to provide details on an count they could transfer money into. This doesn't make sense as both children were equal shareholders at 10% each. It has taken them 5 years to bring this to my attention, my son can't pay this back, his money is invested, and I'm a single parent not earning a substantial amount.
Surely this is their mistake / negligence and so they should be liable for this error i.e. the loss and we don't have to pay back ? They were executors of the will and have made the mistake. They never provided any financial explanation to explain how the error occurred , nor at the end of the estate.They seems completely incompetent, were paid to be executors, and how do i know this isn't another mistake!!
Can someone please advise where do i stand legally? Can they take me to court if i refuse to pay it back? My son can't anyway!!

Comments

  • xylophone
    xylophone Posts: 45,630 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    http://death-duties.co.uk/content/executor-liabilities

    https://www.furleypage.co.uk/wp-content/uploads/2014/06/Furley-Page-Executors-Liabilities.pdf

    It may be that your son has a case against the executors for underpayment and that they must stand the cost of the overpayment.....?

    You may need to take legal advice........
  • DCFC79
    DCFC79 Posts: 40,641 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    If the childrens share was equal and 1 has apparently been given some extra and the other childs was £5k why was it not questioned at the time ?
  • Did they both receive the same amount when the funds were transferred? In that case, one can't possible have been underpaid and the other overpaid.

    I think your first move is to get back to whoever the letter came from and ask them for a blow-by-blow account of how they have come to this conclusion.
    No longer a spouse, or trailing, but MSE won't allow me to change my username...
  • Biggles
    Biggles Posts: 8,209 Forumite
    1,000 Posts Combo Breaker
    Yes, your first move is to write back asking for a complete breakdown of the original estate and of the revised figures.

    Just that. In particular, make no mention of their ridiculous 14-day deadline (how many months did it take them to complete probate?).
  • ...that's really helpful, good point, thank you : I will take a good look at links this evening
  • ... so this makes this even more questionable?! They were literally paid same amount in two cheques, and they left me to manage its investment etc...
  • Yes they got exactly the same amount, so this makes no sense, whole thing was a total curve ball! And yes, I was thinking along the same lines : need a very detailed written breakdown of full finances, plus their decision-making-process?!

    The questions remains though, even if they did make a mistake, am I , my son, liable to pay this huge sum back!?
  • .... Yes I agree completely, makes complete sense ...
    Thanks for your advice.
  • RG2015
    RG2015 Posts: 6,056 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    Have you considered that this may be a scam? There are often reports of solicitors having their files hacked and clients sending house purchase funds to bogus bank accounts.
  • Uxb
    Uxb Posts: 1,340 Forumite
    Yup
    I'd agree with RG2015
    This has all the hallmarks of a scam
    Do NOT use the letter's contact details to contact/write back just in case its a re-direct to the scammers.

    Find the contact details from elsewhere
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