probate small claims from

riclad

I,m filling out a small claims form from a bank.the amount is 14 k approx.
i have 2 sisters ,one lives outside ireland ,in another country.
There is no will .
so i assume i fill in the form .
each next of kin gets 1/3 the balance ,eg 14 divided by 3.
Can one person opt out.
eg sister 2 writes a letter to the bank, saying please give the balance to the 2 other relatives .
there is only one bank account in one bank.that is all that is in the estate,no stocks , shares etc

the reason i ask this is i know someone who was left 3k in a will,
and they wrote a letter to the executor .please pass this on to the family,next of kin .
i do not want to recieve the 3k.
The 3k was needed to cover the cost of a funeral.
the person who was named in the will was not a member of the family.
sorry i meant the title to be probate small claims form

after the form is sent to the bank how long does it take for the account to be closed down and the funds to be released .
i presume the bank sends 3 equal amounts to the 3 persons , the next of kin listed on the form.
eg 3 payments to 3 separate bank accounts

Liosaffinity

14k-cost of funeral. What's left is divided by 3. The executor should pay all Bill's before divving out the money.

Sister 2 can refuse it but the money then goes back to the estate to be divided between the other 2 siblings. The sister 2 could take it and then give it to the family as a gift, there'll may be tax on it nie sure if the limits between siblings currently or sister2 relationship with the family


That's my understanding of it

riclad

What is the process for one person to say i wish to opt out of the process, eg is it simply writing a letter to the bank saying ,
my name is x, i do not wish to recieve any money from the probate ,
i do not wish to recieve any money from the bank account of the person who is deceased .
heres a copy of my id, my adress, utility bill , passport etc to prove my identity .
i wish the balance in the account to be split equally between my next of kin ,my sister and my brother.

eg am i missing something .the funeral is paid for .
Alls that left is to divide the bank account by using the small claims application process .
eg balance is under 25 k

riclad

I need ID certified copy for the bank, what is best to use,
my drivers licence or my passport .

Claw Hammer

riclad wrote: »

I need ID certified copy for the bank, what is best to use,
my drivers licence or my passport .

Drivers licence.