How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Ben Jones Your Own Question
Ben Jones
Ben Jones, UK Lawyer
Category: UK Law
Satisfied Customers: 9038
Experience:  Qualified Solicitor - Please start your question with 'For Ben Jones'
29905560
Type Your UK Law Question Here...
Ben Jones is online now
A new question is answered every 9 seconds

Can an executor who is purchasing the house make one payment

Customer Question

Can an executor who is purchasing the house make one payment at closure of estate (say £75,000 minus his share as beneficiary) or does he have to put in the full £75,000 at the start and be re-reimbursed for his share of the estate?
JA: Thanks. Can you give me any more details about your issue?
Customer: My brother and I are co-executors and I feel he should provide the full cost of the house to the estate. He wants to know if he can pay one amount of £75,000 minus his share of the estate. He does not want to provide 100% then to get back his 25%.
JA: OK got it. Last thing — Estate Lawyers generally expect a deposit of about $18 to help with your type of question (you only pay if satisfied). Now I'm going to take you to a page to place a secure deposit with JustAnswer. Don't worry, this chat is saved. After that, we will finish helping you.
Submitted: 9 months ago.
Category: UK Law
Expert:  Clare replied 9 months ago.

Hi

Thank you for your question

My name is Clare

I shall do my best to help you but I need some further information first

For clarity - your brother wishes to purchase one of the assets of the estate - is that correct?