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UKSolicitorJA
UKSolicitorJA, Solicitor
Category: Law
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Experience:  English solicitor with over 12 years experience
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How do I devide money between 4 people named in a will. They

are left different amounts and... Show More
are left different amounts and their is not enough to pay the full amount left to them.
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Hello,

How much was let to them and how much is left for all of them? Why the shortfall?
Customer reply replied 3 years ago.

Hi, Amounts of £30,000 £20,000 £20,000 and £10,000 was left in the will to four people. After all expences and depts are paid from the estate £50,000 will remain. A shortfall of £30,000 is expected and I intend to pay £18750 £12500 £12500 and £6250 is this correct.

Yes, what you are proposing looks fine.

All the best