1
The Common Room / Two part question re:wills
« on: Wednesday 06 March 24 19:04 GMT (UK) »
Can someone help with the following queries:
1.If a deceased person's gross estate is valued at £150,000, once all payments and debts are paid it leaves a net figure of £50,000. This is to be divided equally (as stated in the will) between 10 inheritors which would be £5000 each. However, the inheritors only received £4000 each so does anyone know of any situation where the inheritors would not receive the full amount?
2.Should the solicitor who was the executor of the estate, provide the inheritors with a full breakdown of where the £100,000 went?
1.If a deceased person's gross estate is valued at £150,000, once all payments and debts are paid it leaves a net figure of £50,000. This is to be divided equally (as stated in the will) between 10 inheritors which would be £5000 each. However, the inheritors only received £4000 each so does anyone know of any situation where the inheritors would not receive the full amount?
2.Should the solicitor who was the executor of the estate, provide the inheritors with a full breakdown of where the £100,000 went?