Inheritance Interim Payment

Heidiho

Hi all, I have recently signed & returned an indemnity form so that I can receive an interim inheritance payment.

I don’t want the executors to think I’m being pushy but I’d like to know how quickly I will get receive the funds!

Not sure if there are any rules about this. Eg - Will payment only be made once all of the other beneficiaries signing & returned their indemnities too? Or does it not work like that?

SeniorSam

Nothing wrong in asking for an indication as to when matters will be finalised and when you will receive a copy of the accounts, to which you are entitled as a beneficiary,

Heidiho

Thanks for the reply

Sorry, I wasn’t 100% clear in my first post. It’s more the interim payment that I’m keen to get hold of as I’ve got urgent plans for it (not quite so fussed about the final one, although I would like to see the accounts once completed/available).

now that I’ve signed & returned the indemnity I wasn’t sure if I should expect payment imminently or whether there is likely to be a delay of any sorts.

Brie

A polite query shouldn't be taken as pushy.  

Thrugelmir

Who is handling the executorship? When did you return the form? How many other beneficiaries are there? All are factors which will influence possible actions.  I'd imagine that the executors would wish to release as much as they pragmatically are able to. Possibly they are waiting for a release of monies before disbursing the available funds.