Quizzes & Puzzles2 mins ago
Wills
If someone dies and leaves their assets to be divided equally amongst three parties what would be the fairest way to dispose of/divide up all the possessions, etc (obviously the money from the sale of the house and any other monies would just be divided equally). Thanks
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For more on marking an answer as the "Best Answer", please visit our FAQ.I just wondered what other people thought was fair as my grandfather's estate is to be divided between my two aunts with my mothers share (she also died recently) being divided amongst her children. My aunts appear to be stripping the house and giving the stuff to their children, etc and my siblings are very upset about it. My aunts telephone one of my sisters and try to 'have it out' with her and she has had enough (just wants it all to go away) and I have said for her to tell them to phone me if they want a 'discussion' about things.
He only died 3 weeks ago but it all seems a bit grabby to me (I don't want anything - he could have given it to the dogs home if he had wanted to) - it's just it's upsetting my siblings (who have lost their mam and grandad in the space of six weeks) and as the oldest I wanted to step up to the mark (protect them if you like) but wondered what I should suggest would be fair. My father is one of the executors but obviously he is still in bits about my mother (I am too but I have reached the angry stage now).
The fairest way is that the items are sold and the money divided.
If someone wants a particular item they buy it from the estate. If two people want it then they bid.
Probate isn't going to list every item - the account probably said something like 'house contents £nnnn' - just one figure.
So if the three parties weren't given any of the contents they can ask to be given a third of the probate value.
Maybe in the greater scheme of things something just to keep quiet about.
If someone wants a particular item they buy it from the estate. If two people want it then they bid.
Probate isn't going to list every item - the account probably said something like 'house contents £nnnn' - just one figure.
So if the three parties weren't given any of the contents they can ask to be given a third of the probate value.
Maybe in the greater scheme of things something just to keep quiet about.