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Will reading

Can anyone tell me what happens in the following situation

This is my grandmother's will...

Grandmother died October 2016
Grandfather (referred to as husband) died 2006

Daughter A alive
Daughter B died February 2015

What happens to grandmother's estate
Does it get split between daughter a and then daughter b get passed as per her will?
Mortgage - 05/03/10
£ 110,743.90 Aim to reduce mortgage to 105k by end of 2010

Car loan - 05/03/10
£5093.15 Aim to pay off car loan by end of 2010 :j
«13

Comments

  • chesky
    chesky Posts: 1,341 Forumite
    Eighth Anniversary 1,000 Posts
    What does the will actually say? Usually it says something to the effect that if someone predeceases, then the money left to them either goes to their children or back into the main estate for distribution. It's one of the questions that most solicitors ask when you discuss your will with them. Did your grandmother have a solicitor?
  • jemz0001
    jemz0001 Posts: 93 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Will says to be equally divided between my 2 daughters on a share and share alike basis as if remnants in common
    Mortgage - 05/03/10
    £ 110,743.90 Aim to reduce mortgage to 105k by end of 2010

    Car loan - 05/03/10
    £5093.15 Aim to pay off car loan by end of 2010 :j
  • Brynsam
    Brynsam Posts: 3,643 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Combo Breaker
    Did daughter B have any children who were alive when your grandmother died? If so, they inherit their mother's share unless the will specifies otherwise.
  • Tom99
    Tom99 Posts: 5,371 Forumite
    1,000 Posts Second Anniversary
    Whatever daughter B's will said will not come into it.
  • Robin9
    Robin9 Posts: 12,910 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Are you related to Daughter A or Daughter B?

    My interpretation of #3 is that nothing will pass to the children of Daughter B- only Daughter A will inherit.
    Never pay on an estimated bill. Always read and understand your bill
  • jemz0001
    jemz0001 Posts: 93 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Yes I am daughter b's child.

    So I am trying to establish if everything will go to daughter A

    Or

    If things will go to daughter b's husband (as daughter b's will left everything to him)

    Or if it will bypass daughter b's husband and come to daughter b's children ie me and my sibling?
    Mortgage - 05/03/10
    £ 110,743.90 Aim to reduce mortgage to 105k by end of 2010

    Car loan - 05/03/10
    £5093.15 Aim to pay off car loan by end of 2010 :j
  • Robin9
    Robin9 Posts: 12,910 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I see your Grandmother died in October 2016 and I would have expected the executors to have completed the distribution of the estate by now.

    Have the executors been in touch with you to advise that you are a beneficiary ?
    Never pay on an estimated bill. Always read and understand your bill
  • Flugelhorn
    Flugelhorn Posts: 7,465 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I think that with the "share and share alike" phrase it means that if daughter died before the grandmother then her share goes back to the other beneficiary.
    Suspect the more common version (at least what I have heard of more) is where the share for a deceased daughter goes to her children (bit like intestacy really)
  • Tom99
    Tom99 Posts: 5,371 Forumite
    1,000 Posts Second Anniversary
    [FONT=Verdana, sans-serif]Unless the will provides otherwise you would inherit your mother's share.

    [/FONT] [FONT=Verdana, sans-serif]https://www.gov.uk/hmrc-internal-manuals/inheritance-tax-manual/ihtm12084[/FONT]

    [FONT=Verdana, sans-serif]But what exactly does the will say, was it a home made will because the wording “share and share alike basis as if remnants in common “ is unusual.[/FONT]
    [FONT=Verdana, sans-serif]If its a home made will is it legally valid eg properly signed and witnessed etc?[/FONT]
  • Robin9
    Robin9 Posts: 12,910 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Flugelhorn wrote: »
    I think that with the "share and share alike" phrase it means that if daughter died before the grandmother then her share goes back to the other beneficiary.
    Suspect the more common version (at least what I have heard of more) is where the share for a deceased daughter goes to her children (bit like intestacy really)

    The wording is odd.

    I would have expected something like "if Daughter B should predecease me then her share shall pass to her children"
    Never pay on an estimated bill. Always read and understand your bill
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