In news:r6s7q3p7vviltmc3jsd88i1pbrc67gq9dk@4ax.com,
Steven typed:
> On Sat, 02 Feb 2008 01:25:42 GMT, "Tony L"
> wrote:
>
>> Hi all
>>
>> Just wondering if anyone would know what rights a person named as a
>> beneficiary in a Will has in regards to be kept up to date as to
>> where the winding up of an estate is at etc.
>>
>> A little background, my spouse is a beneficiary of an estate and
>> received a letter from the lawyers to say the same. The executors
>> are not what you could call "busting their guts" to get things
>> concluded. It has been 18 months now since the Will of the deceased
>> was read and apart from one letter outlining what my spouse was
>> going to receive, which is a 6 figure sum have heard nothing
>> official since, just broad info from the executors.
>>
>> A couple of other beneficiaries sought more info from the lawyers to
>> which the executors took exception to and asked the lawyers to
>> charge the couple for his time rather than take it from the estate.
>>
>> It is very frustrating and we are wondering if anyone can point us
>> towards any guidelines on the net or help with other info that may
>> be able to point us in the right direction as to what info we are
>> entitled to know etc etc.
>>
>> Many thanks.
>
> That certainly sounds unusual.
>
> For that amount of money I would be briefing your own lawyer and,
> though not disclosing same, saying to yourslef I will give him $10 k
> out of the proceeds if I need to.
>
> Don't hesitate. Call three lawyers on moday and see what sort of deals
> you can get with them.
Nonsense.
The beneficiary is entitled to be kept fully up-to-date by the executor(s).
The solicitors are irrelevant, and will simply charge the estate to answer
silly questions.
If paying the beneficiaries involves selling significabt assets, it is quite
possible that resolving the matter might take some time. But you have told
us nothing about the nature of the estate.
What the beneficiary might do is ask the executor(s) for a summary of what
has been done since the testator died, and ask what is proposed to be done.
Don't ask the idiot solicitors, because they won't know.
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