"It'll take six months" - oh no it won't.
Once you have probate, go and open an "executors account" at the bank. This is because any monies paid from closed accounts will generally be payable to "Mr (name) executor for (deceased)". Not all institutions do this - the National Savings paid me directly because "the amount was below £5,000".
A separate account is very useful anyway as it's easier to distribute the estate to the legacees - and prove that it's been done correctly.
From my Aunt's demise on Rememberance Sunday 2005 to me receiving probate on Christmas Eve is of course much shorter than the solicitor's "oh, it'll take at least 6 months"!
Not that I'm cynical you understand, but do the solicitors sell the house etc and pocket £1/4m that sits gathering interest in their accounts? Surely not.
A separate account is very useful anyway as it's easier to distribute the estate to the legacees - and prove that it's been done correctly.
From my Aunt's demise on Rememberance Sunday 2005 to me receiving probate on Christmas Eve is of course much shorter than the solicitor's "oh, it'll take at least 6 months"!
Not that I'm cynical you understand, but do the solicitors sell the house etc and pocket £1/4m that sits gathering interest in their accounts? Surely not.
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