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General estate question

Shelflife · 2018-02-14 20:27:32

John died he owned a house worth 150k and has 20k in cash left in his account after all estate costs , funeral costs etc have been paid. In his will he has left the house to his daughter and €35k to his son. Does the son lose out on 15k as there is only €20k in cash ?

14-02-2018 8:27pm

#1

Shelflife

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John died he owned a house worth 150k and has 20k in cash left in his account after all estate costs , funeral costs etc have been paid.

In his will he has left the house to his daughter and €35k to his son.

Does the son lose out on 15k as there is only €20k in cash ?

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Comments

#2 15-02-2018 1:29am

Peregrinus

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Basically, yes. It's the same as if I leave my house to A and my car to B, but then sell my car before I die. The testator's clear intention was to live this property to one person and that property to another, and in each case the legacy can only take effect if and to the extent that the relevant property forms part of the testator's estate.

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