How long does it take for an Inheritance with many beneficiaries (and no will) to be sorted?

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  • chompie
    chompie Posts: 2,409 Forumite
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    Ok, so an update (whether you want one or not ;) )
    A letter was sent out, a thinly veiled threat of contacting an ombudsmen or making some form of complaint (not sure)
    and lo and behold a week later all the information of the estate and beneficiaries, plus how we would like to receive the money has been received.

    Is that timing a coincidence or not? :think:

    Either way, just glad it's coming to a conclusion now.

    any way to estimate how much they will take for their 2 years of "dedicated team work"?
    Where the !!!! has the Shrug gone! :confused: just doesn't cut it... :huh::think::huh: and these don't come close
  • Malthusian
    Malthusian Posts: 10,938 Forumite
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    A lot.

    All the non-minor beneficiaries were free to apply for letters of administration and do the job themselves, though with "about" 17 beneficiaries, they'd've been stark raving mad to do so.

    Maximum cost of getting it wrong = the entire estate and then some, vs maximum saving = 1/17th of the solicitor's bill.
  • Dox
    Dox Posts: 3,116 Forumite
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    chompie wrote: »

    any way to estimate how much they will take for their 2 years of "dedicated team work"?

    Not a clue - no idea how long they've had to spend sorting out this estate.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
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    Malthusian wrote: »
    A lot.

    All the non-minor beneficiaries were free to apply for letters of administration and do the job themselves, though with "about" 17 beneficiaries, they'd've been stark raving mad to do so.

    Maximum cost of getting it wrong = the entire estate and then some, vs maximum saving = 1/17th of the solicitor's bill.

    Very unlikely to ever be the whole estate as you can work top down.

    Once you establish the top level list, missed relatives at each level down get a relatively smaller proportion.

    Each tree has its own share and can be researched resolved independently.
  • chompie
    chompie Posts: 2,409 Forumite
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    Ok, so they have sent a letter with a NET figure.

    Without detailing fees etc.

    Is that usual?

    And does that mean that the NET figure given is what will be shared amongst the beneficiaries? and that they have already deducted their fees from that?
    Where the !!!! has the Shrug gone! :confused: just doesn't cut it... :huh::think::huh: and these don't come close
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