Beneficiary in a Will?

D0306

Delete thread.

Robin9

Did the deceased survive her husband ?

xylophone

Are you the cousin named as one of the executors?  
When did the testator die?
Were all named executors living at the date of death?
Did the husband survive the testator by thirty days?

D0306

Robin9 said:

Did the deceased survive her husband ?

Hi, no she did not. 

D0306

xylophone said:

Are you the cousin named as one of the executors?  
When did the testator die?
Were all named executors living at the date of death?
Did the husband survive the testator by thirty days?

Hello, 

Yes I am.
October 2017.
Yes there were.
Yes he did.

Thank you. 

xylophone

Then the husband received the chattels and the residue.
You were one of the  Trustees of the nil rate band Trust.
Are all three Executor Trustees still alive?
You say the Trust was "dissolved" - how was this done and what happened to its assets?

D0306

xylophone said:

Then the husband received the chattels and the residue.
You were one of the  Trustees of the nil rate band Trust.
Are all three Executor Trustees still alive?
You say the Trust was "dissolved" - how was this done and what happened to its assets?

Yes, all are alive. 
All beneficiaries signed documents but I wasn't told why.....later I discovered the trust was dissolved. I assume it it a way to avoid tax or similar? 

xylophone

All beneficiaries signed documents but I wasn't told why.....later I discovered the trust was dissolved. I assume it it a way to avoid tax or similar? 

But why did you sign a document you didn't understand?

What was the value of the estate? 

What happened to the Trust assets?

D0306

xylophone said:

All beneficiaries signed documents but I wasn't told why.....later I discovered the trust was dissolved. I assume it it a way to avoid tax or similar? 

But why did you sign a document you didn't understand?

What was the value of the estate? 

What happened to the Trust assets?

They just mentioned it needed to be signed. (Mistake on my part but they are family) 
The value of the Nil rate Fund which is what i believe i am entitled too (am i?) was Around £350,000.
One property was sold shortly after her death then the husband is now living in the other. 

Dox

There are plenty of well-meaning comments on here, but the reality is that nobody can tell you without knowing what you signed and various other pieces of information. If you don't want to pay for proper professional advice, perhaps talk to the executors?

xylophone

Are you sure that the assets of the dissolved Trust were not all appointed to the husband of the deceased?
You will need to contact your fellow executor/trustees and ask exactly what has happened.