ChatterBank6 mins ago
Will
My great aunt died 3 months ago and bequeathed money to members of her family; nieces, nephews, great nieces etc. She had no husband or children. The residue of the estate going to her remaining sibling, my last remaining great aunt. Sadly, she died this week. This aunt also bequeathed money to us all but what happens to the remaining money which hasn;t been bequeathed. Any advice please.
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For more on marking an answer as the "Best Answer", please visit our FAQ.The starting point is the date of death of your aunt who died three months ago. The residue of her estate passes to her sister, the second aunt, because that sister was alive at that time. Now that that sister has died, her estate includes the residue due to her from the first aunt's estate.What happens to it , and the rest of your second aunt's property which that second aunt has not given as gifts ( the residue of your second aunt's estate), depends on the terms of your second aunt's will.
If the second great aunt's will hasn't specified what is to happen to her residual estate, then it will be distributed according to the intestacy rules.
There is a pecking order for this - starting off with her husband, then her children (I assume there are some, given you mention nephews/nieces from the first great aunt). You'd need to look this up depending on precisely what relatives she had.
There is a pecking order for this - starting off with her husband, then her children (I assume there are some, given you mention nephews/nieces from the first great aunt). You'd need to look this up depending on precisely what relatives she had.