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

Can I use money I didn't need probate for?

Hi All,

My dad passed away mid November, I've had to apply for probate to access one of his accounts.

His estate is small and not many belongings, and no will left in place. 

I've sorted a separate bank account in my name, so any money from his affairs goes into that account. 

I've sorted a few bits out, and his car will be sold next week. These things I don't need probate for. 

Can I use the money from his affairs? The money that I didn't need probate for?

Or because I've applied for probate do I need to wait till probate is granted before I use any of the money?

Only asking as I need to pay for a few other things, that cover his funeral and a few other bits. As I paid for them. 

Also I didn't get a solicitor as the amount of estate is relatively small. 

Many Thanks
Rob

Comments

  • H657
    H657 Posts: 28 Forumite
    Third Anniversary 10 Posts Name Dropper Photogenic
    I paid for funeral, wake etc from both Mums and dad’s estates before probate was granted from the money I had access to, it’s an allowable estate expense. I just recorded it all.
    Once probate given I paid out to beneficiaries retaining enough to settle final HMRC payments
  • If you are the sole beneficiary you can do what you like with the money as it is now yours, you don’t have to wait for probate. If there are other beneficiaries you can do a partial distribution now.
  • user1977
    user1977 Posts: 19,501 Forumite
    Eighth Anniversary 10,000 Posts Photogenic Name Dropper
    Who do you think might want to stop you? Are there other beneficiaries?
  • I'm the only one left in the family. So no one else to share anything with. 
  • Flugelhorn
    Flugelhorn Posts: 7,626 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    bluerob_2 said:
    I'm the only one left in the family. So no one else to share anything with. 
    In that case, so long as you care sure there are no creditors lurking (when you may need to hold some money back) , you can spend the money and certainly reimburse yourself for expenses etc at the very least 
  • McKneff
    McKneff Posts: 38,857 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    If he didn't leave a will you don't need probate.
    Everything is inherited by you....
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
  • McKneff said:
    If he didn't leave a will you don't need probate.
    Everything is inherited by you....
    But the OP would need letters of administration which is basically the same process.
  • Thanks for the replies so far guys. Really appreciate it. I'm the sole beneficiary.

    I only applied for probate/letters of administration for one of his bank accounts as the amount in the account was over the threshold for the bank. Only just over mind you, but hey ho. 

    I'll use the money to reimburse myself once his car is sold. 
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
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K 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.