News5 mins ago
Legatees
2 Answers
If the beneficiaries of a will die before the solicitor has completed winding up an estate ( takes yonks!) what happens to the bequests to them?
Answers
Best Answer
No best answer has yet been selected by bricro. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.It's possible that the original will may specify a 'survival period' which has to apply before the intended beneficiary receives a share of the estate. If so, and that person dies before the end of this period, then the original will should state what is to happen to that part of the estate.
If the above circumstances do not apply, then the bequest will form part of the newly-deceased person's estate (even though s/he's never actually received it). It will therefore form part of the new estate which is to be distributed under the terms of the newly-deceased person's will (or, if no will exists, in accordance with the intestacy rules).
Chris
If the above circumstances do not apply, then the bequest will form part of the newly-deceased person's estate (even though s/he's never actually received it). It will therefore form part of the new estate which is to be distributed under the terms of the newly-deceased person's will (or, if no will exists, in accordance with the intestacy rules).
Chris