We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Death probate debts
Shelleypt
Posts: 11 Forumite
Father died early this yr intestate - estate to be split between 4 siblings. Eldest sibling has also died. Her share to go to her estate so that's clear enough. However her estate is currently in the negative & could be sorted before fathers estate there could be at least 6-12mths delay do we have to keep her estate open until the funds come in to settle any outstanding debts or can we close her estate giving her family some much needed debt free funds when fathers estate closed
Any help wd be greatly appreciated
Any help wd be greatly appreciated
0
Comments
-
If eldest sibling died after father (which I think is what you've said?), then you can't close off her estate until her inheritance has been paid to it.Shelleypt said:Father died early this yr intestate - estate to be split between 4 siblings. Eldest sibling has also died. Her share to go to her estate so that's clear enough. However her estate is currently in the negative & could be sorted before fathers estate there could be at least 6-12mths delay do we have to keep her estate open until the funds come in to settle any outstanding debts or can we close her estate giving her family some much needed debt free funds when fathers estate closed
Any help wd be greatly appreciatedGoogling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!1 -
As above it depends if sibling's inheritance was final before she passed.
So simply put If she died after your father then it will form part of her estate. If she died first it won't.1 -
Unless there's a provision in your father's will that she has to survive him by x days - and she died before x days had passed. Are you quite sure 'Her share to go to her estate so that's clear enough' ?GrumpyDil said:
So simply put If she died after your father then it will form part of her estate. If she died first it won't.Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!1 -
Marcon said:
Unless there's a provision in your father's will that she has to survive him by x days - and she died before x days had passed. Are you quite sure 'Her share to go to her estate so that's clear enough' ?GrumpyDil said:
So simply put If she died after your father then it will form part of her estate. If she died first it won't.
OP says father died intestate - so no will.
2 -
Thank you all for your responses. Thought this was the case just needed confirmation. Sister & I discussed her wishes before she passed she wasnt trying to avoid paying off her debts I just hoped her family could have been given a break its been a real bad year for them.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.1K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.6K Work, Benefits & Business
- 602.9K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards
