Benficary rejecting money.

Brynsam

Forest11 wrote: »

They don't wish (and can't get hold of) to have his address so they cant just send it- all letters to him are going through the local authority where he lives.

They was a lot of rage earlier this week when the solicitor wrote that while she thinks that it can come just out of his share it is not confirmed.

I think you've frustrated everyone on this thread by the constant string of negatives about the executors and how they are getting angry etc. I doubt anyone cares any more - just let them get on with it or not.

Forest11

Does anyone actually know possibly why the Solicitor is refusing to pay out the account because I cant put up with the moaning anymore. Can't he just be ignored for now and his share left in account before the full amount of his share is available to be paid into the court.

Margot123

Read this.................

Brynsam wrote: »

I think you've frustrated everyone on this thread by the constant string of negatives about the executors and how they are getting angry etc. I doubt anyone cares any more - just let them get on with it or not.

AnotherJoe

LadyDee wrote: »

I believe (and I stand to be corrected) that before distribution of the estate, all beneficiaries are required to agree the accounts prepared by the Solicitor. I'm thinking back to my early working life in a solicitor's probate department, and I'm sure then that unless there was an agreement between all the beneficiaries for an interim payment to some of them, the solicitor couldn't distribute anything - only pay outstanding bills due by the estate. The funds are held in the solicitor's client a/c., although I can't remember about interest on those funds.

You beleive wrongly and I'm correcting you.

Now of course a solicitor may wish to get such an agreement for purposes of CYA. But there is no such law and indeed how could there be. How can people who haven't been involved with the process and all the details possibly sign off the accounts? They wouldn't have the knowledge. They also may not have the abilty.

To take it to extremes, but still perfectly valid example, suppose one person is left five pounds out of a ten million pound estate consist8ng of numerous assets across shares, business, property, antiques etc.
They live abroad, and don't speak or read English. You beleive they have to sign the accounts off before everyone is paid.

No. Just, "no".

Forest11

Update.
Still not word from him so no access to the money in the bank account has not been accessible. Does anyone know why the solicitor is not able to distribute the bank accounts part of the estate now while leaving his share to be dealt with once the property is sold and everything is finally dealt with.

Marcon

See post 72. Talk to the solicitor.

Mojisola

Forest11 wrote: »

Update.
Still not word from him so no access to the money in the bank account has not been accessible. Does anyone know why the solicitor is not able to distribute the bank accounts part of the estate now while leaving his share to be dealt with once the property is sold and everything is finally dealt with.

We did an interim distribution. As long as the solicitor is certain that there will be enough money left to cover the remaining legacies and all debts, there's no reason why that can't happen.

If he/she won't go ahead, ask for the specific reasons why.

Forest11

They will be - the property is the bar far the main part of the legacy but the sums existing now will still be fair amount per share.

Forest11

Update - All the costs will come out of his share - and it will be a massive amount which will whittle his share away within a couple of years. It will be done by an application to the court for the money to stay in the solicitor's account
They refused the first option of the executors dealing with it and running the account because they hate him so much.
They not paying for any checks to make sure he has got the letters his local authority have sent him as the solicitor has assured them that the word of the local authority is enough through (and she will message one more time) she did recommended more but they have rejected it (and have cited the fact she doesn't know just how vile he apparently was). They don't like the current solicitor much because they think she is refusing to simply accept that if he doesn't answer he should lose the money.
I presume the solicitor has not legally made a mistake and they wont be any issues afterwards.

AnotherJoe

So is it all done and dusted now?