2 Comments Wills, probate, letters of administration, powers of attorney
The normal chain of events is that the person who applies for administration of an intestate estate would pay for things that fall due during the process, in anticipation of receiving administration of the estate. Accurate records should be kept so that these amounts could be reimbursed once administration is granted.
The estate is subject to the normal rules of probate so the court would need to be satisfied that all monies are properly accounted for.
Beneficiaries would receive the percentage of the estate as determined by the laws of intestacy together with a copy of the records as provided to the court. The administrator needs to properly account for his expenses and these need to be outlined in the accounts of the estate. The administrator cannot charge for his time in doing this unless that administrator is a professional (eg accountant) engaged to do this work.
Hi, apologies if I am not supposed to add on to this post . A step further from the question above ! Once the court has decided the split between legal claimants and all expenses paid for in relation to executor duties . Due bills if deseased etc. Can the executor claim air fares and hotel expenses incurred prior to court decision to give executor rights. If so do the other beneficiaries have to agree this in a document or verbal etc . Thank you