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Ask Clare Your Own Question
Clare
Clare, Solicitor
Category: Law
Satisfied Customers: 34585
Experience:  I have been a solicitor in High Street Practice since 1985 with a wide general experience.
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I, together with another, have letters of administration in

Customer Question

I, together with another, have letters of administration in respect of the Estate of my late mother.
The Estate value is below the IHT thrashold.
One of the beneficiary has asked us to pay the benefit to someone else. Can we do that
Submitted: 2 years ago.
Category: Law
Customer: replied 2 years ago.
I, together with another, have letters of administration in respect of the Estate of my late mother. The Estate value is below the IHT thrashold. One of the beneficiary has asked us to pay the benefit to someone else. Can we do that
Customer: replied 2 years ago.
One of the beneficiary has asked us to pay his share of the Estate to someone else. Can we do that
Expert:  Clare replied 2 years ago.
Hi
Thank you for your question.
My name is Clare
I will do my best to help you but I need some further information first.
What is the relationship between the beneficiary and the person he or she wishes the gift to go to?
Clare
Customer: replied 2 years ago.
There are 5 siblingsOne of the siblings would like to go his share to another sibling. All siblings have no objectionsI would not call it a gift but a waiver in favour of another sibling
Expert:  Clare replied 2 years ago.
Hi
It is in fact a gift and not a waiver and provided you have his written instructions to pay his share to his sibling then all is well so far as you are concerned
I hope that this is of assistance - please ask if you need further details
Clare