We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Inheriting house - should estate pay expenses to date of grant of Probate or only to date of death?

billium
Posts: 10 Forumite

Trying to wrap up Probate where cash and house are going to us children 50/50. One of us has been paying house expenses while Probate went through so we need to figure out how to even this out.
Should the house expenses should be charged to the estate until the date of grant of Probate or should we do so only until the date of death since that is when the Will conferred the change of ownership?
Since we are dividing everything equally the money works out the same - I just want to keep the accounting correct.
Should the house expenses should be charged to the estate until the date of grant of Probate or should we do so only until the date of death since that is when the Will conferred the change of ownership?
Since we are dividing everything equally the money works out the same - I just want to keep the accounting correct.
0
Comments
-
All the house costs came out of the estate right up to the time of distribution of the money when the solicitor sorted out Dad's estate but we sold the house rather than took on the ownership.
3 -
agree - all expenses from estate until estate actually distributed, if you are not keeping the house then don't change the ownership either - it remains the "property of the estate" and then bills ate paid by the estate (which is still the owner).0
-
Thanks - will use date of transfer at Land registry0
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.4K Banking & Borrowing
- 253.3K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.4K Work, Benefits & Business
- 599.6K Mortgages, Homes & Bills
- 177.1K Life & Family
- 258K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards