Mum executor to a weird estate that may technically be insolvent

divadee

Mojisola wrote: »

Is there enough money in the estate to pay a solicitor?

my mum has said she will pay it to get rid of the hassle! its causing her a lot of anxiety, and she is not in the best health.

FreeBear

divadee wrote: »

... a freehold to a property in London. This has been left to a charity in his will. How on earth do we go about transferring that over?

Ask if the charity would be prepared to take on the role of administrator at their own expense.

Yorkshireman99

It sounds as if the estate may be partially insolvent. As a property is involved then probate is likely to be nneded. However a solicitor is not going to take the job on unless their fees are paid. The charity could be asked to administer the estate themselves at their expense since they will be getting a large legacy. In view of the inexperience of the parties involved using a solictor seems essential.

getmore4less

divadee wrote: »

my mum has said she will pay it to get rid of the hassle! its causing her a lot of anxiety, and she is not in the best health.

she does not have to do anything administering the estate is a voluntary act.

Walk away there is nothing worth the hassle if it all goes to the wife and charity.

divadee

getmore4less wrote: »

she does not have to do anything administering the estate is a voluntary act.

Walk away there is nothing worth the hassle if it all goes to the wife and charity.

I will say this to her, and hope she sees sense. I think she feels a duty because of my dad. she is an amazing woman!

nom_de_plume

divadee wrote: »

The wife has already wanted to do this, but we have stopped her until the estate is sorted. They had the bequest money in a separate account and she wanted to write cheques yesterday but I dont want to make thinks more complicated for anyone (and it is such a small amount that its not needed) and mess up the estate.

If this money is in a joint account it's worth noting that it will almost certainly not need to be treated as a part of Granddad's estate, rather a gift from his wife.