Recent Feedback
My mother died recently and as her estate amounted too less than £5000 gross I, as appointed in her will, have been dealing with matters without going to probate or getting letters of administration. The bank has closed her account & transferred her remaining balance to me, also the insurance companies have settled. What I require now is to know the pecking order for paying any outstanding debts, i.e. funeral expences, overpaid state benefits and state pensions, overpaid private pensions, utility bills (electric,telephone,etc.) and store cards. All of the aforementioned adds up too a couple of thousand more than her entire estate so somebody is either not going to get paid or at best get less than they are owed.
Optional Information: System of Law: England-and-Wales
Good day, I always strive to reply in the shortest possible time,I may be delayed answering other questions, attending a meeting or in court.Are you saying that you are the executor?
Yes I am.
Good afternoon,The payment of funeral expenses, debts and liabilities of the deceased is a first charge on the deceased estate. The liability of you is confined to the assets which come into your possession in other words you are not required to pay over and above the level of the assets.Please remember to only rate my answer when you are fully satisfied. If you feel the need to click either "Helped a little" or "I expected more" please stop and reply to me via the REPLY or CONTINUE CONVERSATION button with the issue that you have. I will be happy to continue further and do everything I can to provide you with the service that you seek.Best wishes FE
Thanks, XXXXX XXXXX that I have no liability but what I need is the pecking order for dishing out what monies there is. I know that the funeral is the 1st priority but what is the second, third , forth etc. from the list I have provided.
Good afternoon again,The first liability as you rightly say is the funeral account, the second liability would be the DWP and any over payments of pension etc. and then utility bills and store cards would be the remainder as far as you can discharge them.Please remember to only rate my answer when you are fully satisfied. If you feel the need to click either "Helped a little" or "I expected more" please stop and reply to me via the REPLY or CONTINUE CONVERSATION button with the issue that you have. I will be happy to continue further and do everything I can to provide you with the service that you seek.Best wishes FE
OK that's great, I've been doing a bit of digging around myself and it appears that utilities have a higher precedence than the store & credit cards, can you confirm? If my belief is correct then I think everyone will get full payment with the exception of the store & credit cards who will get a portion of any residual monies.
Good afternoon,Yes you are perfectly correct.Please remember to only rate my answer when you are fully satisfied. If you feel the need to click either "Helped a little" or "I expected more" please stop and reply to me via the REPLY or CONTINUE CONVERSATION button with the issue that you have. I will be happy to continue further and do everything I can to provide you with the service that you seek.Best wishes FE
Experience: 30 years in General Practice
Excellent, thank you very much for your assistance, facing clicking is in progress.
Hi,I do hope my answer has proved to be of benefit to you. If you should require my advice in the future please do not hesitate to me starting your question with FOR THE ATTENTION OF FE SMITH.