Distribution of estate

Elliemiss

Good afternoon

I have today received grant of probate.  Do I have to rush to inform bank as I'd rather leave money in there, I have another 6 weeks until section 27 expires?

Also have a house sale going through and will be "stuck " with that money until I can distribute.

What I'm really asking is whether I really need to wait until section 27 expiring before distributing?

I really debated taking out section 27 notice as I feel extremely confident no one will come forward.  Who knows though? 

At the end of the day I want to do this properly, just don't like the idea of having responsibility for beneficiaries money.

Thanks in advance. 

Keep_pedalling

Nothing stopping you from making interim distributions as long as you have kept enough back for expenses associated the house. If a creditor come out of the woodwork you can always tell them that you are waiting on the house sale to pay creditors.

Elliemiss

Thank you.  I guess I could do that, it will decrease the amount I have in the bank.