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yes as far as I know
Thank you for your reply. What I am still concerned about is the property because rent is accruing on it at the moment. Can I have the equipment removed and put into storage although I do not have funds for this either
I am not sure about that - it may have been a 'gentlemans' agreement
Sorry to keep coming back to you but what about the machinery or equipment I believe to be in the shop. I havent actually been inside the shop as it is nowhere near local to where I live
Am I allowed to try and check out a couple of things this evening as I am at work at the moment and come back to you tomorrow if I have any further questions. As I understand it at the moment you are saying just leave things as they are and wait for creditors to act first - is that correct as I really dont want to get involved with it
Thank you for your assistance so far
Thank you so much for your help today. I dont really feel in a position to administer the estate as such but I do need the local contact to confirm one or two things first before I make that final decision.
I am not sure whether it will be insolvency or not but am I allowed to do a stock take and put whatever stuff(!) there is into storage so that we can terminate the lease with the landlord please
Would the contents of the shop then become the landlords if there was non payment of rent. I can see I am going to have to take time off (llose money) and visit the premises
Thanks for all your answers. Just to clarify that I am understanding this correctly, I can move the contents into storage whilst we find out the true position of the estate and just advise the landlord of the position regarding tenancy
Once again thanks for your help so far. I do not intend to dispose of anything, just maybe put it into storage for the time being
hopefully one last question (certainly for today!) - does a solitcitor have to become involved or can I just notify all the relevant people of the situation
Hi once again
I have since discovered there may be a small amount of money in a bank account (probably under £2,000). After hearing what other people have to say, do I have to apply for probate. However, I am talking in the dark here and have no real understanding of exactly what I am suppose to do after a death other than registering it/funeral etc. I have used the 'Tell us Once' service to notify some departments but really dont know what to do next (again lack of my own funds prevents me from taking to many steps) but dont want to get in too deep with anything
Each time I write, I hope it is going to be the last question. I have been asking questions solely to do with his business but do I combine any personal debts (if any) or is that something to keep separate.
Hello once again.
Since my last email I have discovered that there was a small amount of money in his sole trader business account. Can I use any of this towards payment of his funeral expenses or is there a different priority of payments.