Quizzes & Puzzles13 mins ago
Probate
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Several months ago, a friend of ours died, leaving his estate to be divided between his wife and children. He was the owner of several properties, one of which is to be sold shortly. My question is, is it legal/ethical for an offer to be made for the property by a representative of the probate service during a meeting with his widow?
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For more on marking an answer as the "Best Answer", please visit our FAQ.My own feeling is that it is certainly not ethical. Whether it is legal or not I don't know. If there isn'[t a formal Codes of Conduct for individuals involved in such such services insisting on a "hands off" relationship with the third parties with whom they deal (especially in a bereavement situation) then there ought to be. It's akin to a solicitor who is dealing with somebody's Will making an offer for some of the assets and I think it's totally unacceptable. If I was the widow involved in this case I would make a formal complaint to the governing body concerned. It's unacceptable that somebody should be taking advantage of somebody in a vulnerable position who is a client in any sense of the word, and very unprofessional.
I believe that reputable Estate Agents have a code of ethics which prevent their employees from making a offer on any property which their business is handling for a client, so I'm sure if this is a reputable organisation, there should be a similar code. Who was offering the probate service. Was it a bank or a solicitor?