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half pint | 11:37 Fri 27th Jun 2008 | Civil
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how long can money sit in a bank account waiting for probate to be started. is there a time limit on starting the paper work or can the money be left in the bank for years.
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Avatar Image dzug
There isn't really a time limit - as long as it takes is the answer. But if someone is stalling you can prod them.

There IS a time limit for paying IHT, if due. 6 Months I think without looking it up.

There's traditionally an 'executor's year' but I'm not sure of it's legal basis.
11:59 Fri 27th Jun 2008

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