📨 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!

Probate

HillStreetBlues
HillStreetBlues Posts: 6,240 Forumite
1,000 Posts Third Anniversary Homepage Hero Photogenic
edited 13 November 2024 at 1:13PM in Deaths, funerals & probate
As there is property probate will be needed there is also cash in the estate.
The beneficiary is on means-tested benefits that will end. Does the executor have to make a interim payment of some or all of the cash, or can the executor just wait till probate is granted.
Let's Be Careful Out There

Comments

  • Marcon
    Marcon Posts: 14,689 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Combo Breaker
    As there is property probate will be needed there is also cash in the estate.
    The beneficiary is on means-tested benefits that will end. Does the executor have to make an interim payment of some or all of the cash, or can the executor just wait till probate is granted.
    No requirement to make an interim payment. Entirely up to the executor.
    Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!  
  • Marcon said:
    As there is property probate will be needed there is also cash in the estate.
    The beneficiary is on means-tested benefits that will end. Does the executor have to make an interim payment of some or all of the cash, or can the executor just wait till probate is granted.
    No requirement to make an interim payment. Entirely up to the executor.
    Thanks, that's what I thought, just thought I'd check.
    Let's Be Careful Out There
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
  • 351.6K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.9K Spending & Discounts
  • 244.5K Work, Benefits & Business
  • 599.8K Mortgages, Homes & Bills
  • 177.2K Life & Family
  • 258.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K 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.