Understanding will
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MrsP08
Posts: 19 Forumite
Hi
Please can you help with pecuniary legacy term 'equal. Share'
Listed on the will are 4 active executors, of which I am one.
The will states the following :-
'I give a pecuniary legacy of £20,000 to such of my executors who prove this is my will and if more than one in equal shares.' "
Please clarify the amount each executor will receive, as I understood £5k each, however the solicitor has added on the estate accounts £20k each??? I am the only executor to query this and the only executor who is also a beneficiary. Please help!! Thanks
Please can you help with pecuniary legacy term 'equal. Share'
Listed on the will are 4 active executors, of which I am one.
The will states the following :-
'I give a pecuniary legacy of £20,000 to such of my executors who prove this is my will and if more than one in equal shares.' "
Please clarify the amount each executor will receive, as I understood £5k each, however the solicitor has added on the estate accounts £20k each??? I am the only executor to query this and the only executor who is also a beneficiary. Please help!! Thanks
0
Comments
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IMO
£20k shared by those that take out the grant.0 -
Hi
Please can you help with pecuniary legacy term 'equal. Share'
Listed on the will are 4 active executors, of which I am one.
The will states the following :-
'I give a pecuniary legacy of £20,000 to such of my executors who prove this is my will and if more than one in equal shares.' "
Please clarify the amount each executor will receive, as I understood £5k each, however the solicitor has added on the estate accounts £20k each??? I am the only executor to query this and the only executor who is also a beneficiary. Please help!! Thanks0 -
The solicitor is wrong. This wording means that the legacy of £20,000 is shared between how ever many executors prove the will (i.e. are listed on the grant of probate).
It could be a genuine mistake by the solicitor, so I would let them know asap that you think they have it wrong.The comments I post are my personal opinion. While I try to check everything is correct before posting, I can and do make mistakes, so always try to check official information sources before relying on my posts.0 -
If the solicitor cannot understand that clause you have to wonder else they might mess up.0
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Looks like the solicitors don't know what their doing.0
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Hi yes they had it wrong, now estate accounts under fine microscope!!! 😠0
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Glad sorted - but agree makes you want to check everything else very carefully0
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