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Some Probate Questions

  • 14-05-2007 7:53pm
    #1
    davyjose
    Closed Accounts Posts: 9,287 ✭✭✭


    Just a quick question with regards probate. Concerning a will concerning large sums of money, once probate has passed, is there any reason why inheritance can not be administered immediately, or is there typically a waiting time?
    For instance, if probate was passed in February, should the money be released by now? Or does it seem like something fishy is going on?


Comments

  • #2
    grumpytrousers
    Registered Users, Registered Users 2 Posts: 1,884 ✭✭✭grumpytrousers


    It genuinely depends and you ought to ask the executor as to what is the hold up as they are ultimately responsible for the distribution of money, etc. I mean, the solicitor for the estate will be doing the work, but should be keeping the executor in the loop.

    It's quite possible, for instance, that there are a number of assets which need to be taken care of and the Grant of Probate can only 'deal' with one asset at a time (altho' duplicate copies are available for a nominal fee)

    Ask the executor what the story is...


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