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  • FIRST POST
    • Aaronk1994
    • By Aaronk1994 13th Jan 19, 6:44 PM
    • 1Posts
    • 0Thanks
    Aaronk1994
    How long estate take to get paid out?
    • #1
    • 13th Jan 19, 6:44 PM
    How long estate take to get paid out? 13th Jan 19 at 6:44 PM
    Hello,


    The estate in question is going through solicitors as its under a Will.


    Probate has been granted and the buyer is completing payment to our solicitors on the 18th.


    My question is how long estimate will it take a soliticor to find out from 3rd parties if there is any outstanding debts and get everything thats owed paid off?



    I know its mainly dependant on how quickly 3rd parties get back to us ie DWP and HMRC. Just after a ruff estimated time that others have gone through.
Page 1
    • Finchy2018
    • By Finchy2018 13th Jan 19, 7:10 PM
    • 253 Posts
    • 199 Thanks
    Finchy2018
    • #2
    • 13th Jan 19, 7:10 PM
    • #2
    • 13th Jan 19, 7:10 PM
    For us there was no will but for everything in total it took a year and a half.
    • ThePants999
    • By ThePants999 13th Jan 19, 8:42 PM
    • 1,480 Posts
    • 1,915 Thanks
    ThePants999
    • #3
    • 13th Jan 19, 8:42 PM
    • #3
    • 13th Jan 19, 8:42 PM
    You'll be wanting this subforum: https://forums.moneysavingexpert.com/forumdisplay.php?f=217
    • martindow
    • By martindow 14th Jan 19, 10:53 AM
    • 8,059 Posts
    • 4,661 Thanks
    martindow
    • #4
    • 14th Jan 19, 10:53 AM
    • #4
    • 14th Jan 19, 10:53 AM
    Hello,


    The estate in question is going through solicitors as its under a Will.


    Probate has been granted and the buyer is completing payment to our solicitors on the 18th.


    My question is how long estimate will it take a soliticor to find out from 3rd parties if there is any outstanding debts and get everything thats owed paid off?



    I know its mainly dependant on how quickly 3rd parties get back to us ie DWP and HMRC. Just after a ruff estimated time that others have gone through.
    Originally posted by Aaronk1994
    If probate has been granted the executors must be satisfied that outstanding debts have been settled.

    Who is the buyer??
    • Linton
    • By Linton 14th Jan 19, 11:02 AM
    • 10,418 Posts
    • 10,816 Thanks
    Linton
    • #5
    • 14th Jan 19, 11:02 AM
    • #5
    • 14th Jan 19, 11:02 AM
    A typical timescale, expecially if solicitors are involved, is 12 months from the death, although earlier partial payouts are often possible.
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