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

Interim distribution timescale

Hi folks
As neither the solicitor or the executor is being responsive - does anyone know likely timescales:

Context
Probate granted late 2021
Property recently completed (a month ago)
Everything else from what I know was ready

Solicitor had said a few months ago that
"When the sale of the property has been completed any outstanding liabilities will be settled and interim distributions will be made to the residuary beneficiaries of the majority of the funds. "

Is there a likely/average timescale for the interim payments?
TIA!

Comments

  • Cloth_of_Gold
    Cloth_of_Gold Posts: 1,143 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Combo Breaker
    I received a letter offering an interim distribution a couple of weeks after completion of the sale of the property. I imagine this was pretty quick though, and all creditors not relating to the sale of the property had already been paid from other funds in the estate. The costs relating to the sale of the property were deducted from the proceeds of that and presumably paid on the day of completion so there was no need for that to cause a delay. I suppose that if your solicitor needs to pay creditors not relating to the sale of the property then that might take a little while if these haven't already been settled.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.6K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.1K Spending & Discounts
  • 246.6K Work, Benefits & Business
  • 603K Mortgages, Homes & Bills
  • 178.1K Life & Family
  • 260.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.