Father’s Will & Step Mother

mebu60

Jacquio90 said:

The house was sold on agreement that the 25% was placed into an account or trust.  All I’m asking is am I at liberty to ask how much the 25% is minus fees is and where it has been placed.

Yes, why would you not be. I would start with the conveyancer.

FlorayG

Jacquio90 said:

The house was sold on agreement that the 25% was placed into an account or trust.  All I’m asking is am I at liberty to ask how much the 25% is minus fees is and where it has been placed.

Ah, you didn't originally say it was sold with agreement, people were trying to find out if it had even been sold legally, which would affect the answers. If you are the executor then of course you are entitled to know where the money is and how much it is

Flugelhorn

Jacquio90 said:

The house was sold on agreement that the 25% was placed into an account or trust.  All I’m asking is am I at liberty to ask how much the 25% is minus fees is and where it has been placed.

I can't see how you wouldn't be able to know - you had to give permission for this to happen, have you spoken to the conveyancer / solictor?

Linton

Re my earlier post: Looking at the will it does take account of father not owning the house at the time of death - "shall fail to obtain a vested interest...".

Kynthia

Surely you should have gained control of these funds as soon as the solicitor put them in an account so that you can distribute them to the beneficiaries?

RAS

Kynthia said:

Surely you should have gained control of these funds as soon as the solicitor put them in an account so that you can distribute them to the beneficiaries?

The will allows step mum to benefit from the investment of the capital. The OP only has access to the capital after certain conditions (may be her death) are met.

Linton

RAS said:

Kynthia said:

Surely you should have gained control of these funds as soon as the solicitor put them in an account so that you can distribute them to the beneficiaries?

The will allows step mum to benefit from the investment of the capital. The OP only has access to the capital after certain conditions (may be her death) are met.

Have I missed something? Was the house sold before or after father died? If before then the will is not relevent.