Results 1 to 7 of 7

Thread: Reasonable expenses???

  • Share
  • Thread Tools
  • Display
  1. #1
    LadyBanker's Avatar

    Junior Member



    Joined
    Mar 2017
    Posts
    5
    Mentions
    0 Post(s)

    Default Reasonable expenses???

    Hi. I am one of three executors and know that we are entitled to "reasonable expenses" for undertaking our duties.

    I have undertaken the majority of the paperwork, grant of probate etc and am not a beneficiary of the estate but I'm not concerned about charging for my time doing that and wouldnt want any payment for that work

    However, to get the property to a state at which it can go up for sale we have spent a large amount of time undertaking general repairs and cleaning. I apprecviate that had we enlisted professionals we would have paid the going rate, but where possible to keep costs down we have done it ourselves. How much per hour would be deemed to be reasonable £5, £7 ???

    I know its hard to get any cleaning company who would work for less than £10 per hour, but we have around 200 hours in total between us, and dont want to reduce the value of the estate by too much. That said we do want some reimbursement for our time as all beneficiaries were asked to pitch in with help as they would gain from the work completed (and only a couple helped). Many thanks

  2. #2
    Kati's Avatar

    LB Team Member



    Joined
    Jun 2014
    Posts
    11,219
    Mentions
    1103 Post(s)

    Default Re: Reasonable expenses???

    tagging @des8 @enaid ... any advice??
    Debt is like any other trap, easy enough to get into, but hard enough to get out of.

    It doesn't matter where your journey begins, so long as you begin it...

    recte agens confido

    ~~~~~

    Any advice I provide is given without liability, if you are unsure please seek professional legal guidance.

    I can be emailed if you need my help loading pictures/documents to your thread. My email address is kati@legalbeagles.info
    But please include a link to your thread so I know who you are.

    Specialist advice can be sought via our sister site JustBeagle

  3. #3
    des8's Avatar

    VIP Member



    Joined
    Mar 2013
    Posts
    7,796
    Mentions
    417 Post(s)

    Default Re: Reasonable expenses???

    Sorry, but an executor cannot charge for his time!
    You should have got house clearers in, and qualified workman to carry out essential repairs and maintenace as their charges would be covered.
    If you want payment for these actions you will need to produce an invoice as if you were a third party employed by the executors, but this could lead to problems even if only one of the beneficiaries raises a query.
    Charge minimum wage rates for clearance, and going rate for repair work


    You could ask the beneficiaries for a "recognition".
    Last edited by des8; 22nd May 2017 at 18:14:PM.

  4. #4
    warwick65's Avatar

    VIP Member



    Joined
    Feb 2017
    Posts
    1,600
    Mentions
    107 Post(s)

    Default Re: Reasonable expenses???

    Don't forget to claim any travel, phone calls etc

  5. #5
    Welsh18's Avatar

    Junior Member



    Joined
    Jul 2017
    Posts
    16
    Mentions
    0 Post(s)

    Default Re: Reasonable expenses???

    Hi can I ask a question too around expenses? My mothers will states 'testementary expenses' which although not specifically defined, include things such as estate agent fees/probateapplication fees etc. My question is around travelling expenses. I've covered approx 2000 miles administering the estate as an executor but didn't keep any fuel receipts as I wasn't aware this could be counted as an expense. As I have to provide estate accounts showing the residual balance, would I need petrol receipts to class this as an official expense? Many thanks in advance.

  6. #6
    des8's Avatar

    VIP Member



    Joined
    Mar 2013
    Posts
    7,796
    Mentions
    417 Post(s)

    Default Re: Reasonable expenses???

    Travel expenses cover more than fuel, and fuel receipts in themselves prove nothing as the fuel could have been used anywhere.
    You should claim for your mileage at a rate per mile. Presumably you can show, (if anyone queries your claim) that you most likely covered this distance.
    The tax allowance rate per mile is 45p (https://www.gov.uk/government/public...and-allowances) but AA & RAC published data about the cost of running a car.

  7. #7
    Welsh18's Avatar

    Junior Member



    Joined
    Jul 2017
    Posts
    16
    Mentions
    0 Post(s)

    Default Re: Reasonable expenses???

    thats really helpful, Thankyou. The travel has predominantly been from my home to my mothers home (266 mile round trip) to coesr the house/paperwork etc and for solicitors appointments so am happy those trips have been a requirement to ensure the administration has been done.

Similar Threads

  1. Interest on legal expenses and victim expenses.
    By Rico in forum Received a Court Claim?
    Replies: 6
    : 13th September 2016, 03:46:AM
  2. Interest on legal expenses and victim expenses.
    By Rico in forum Welcome Forum
    Replies: 0
    : 26th August 2016, 17:53:PM
  3. Reasonable adjustments
    By spelbound in forum Employment Law & Issues
    Replies: 1
    : 3rd July 2015, 13:29:PM
  4. A reasonable excuse?
    By removalman in forum General Legal Issues
    Replies: 14
    : 30th July 2012, 13:50:PM
  5. Expenses, damn expenses, and MP's--Enjoy the flogging
    By natweststaffmember in forum The Lamp Post
    Replies: 0
    : 15th May 2009, 19:39:PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Contact Us



© Celame (UK) Ltd 2016
Hosted by Lodge Information Services Ltd
LegalBeagles® are DPA Registered No. ZA158014
LegalBeagles® is the trading name of CELAME (UK) LIMITED ( 09220332 )
Registered Address: 25 Moorgate, London, England, EC2R 6AY
VAT registration number 206 9740 02
User Alert System provided by Advanced User Tagging v3.1.3 (Lite) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.
Feedback Buttons provided by Advanced Post Thanks / Like (Lite) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd. Runs best on HiVelocity Hosting.
Celame (UK) Ltd Powered by vBulletin® Version 4.2.3
Copyright © 2017 vBulletin Solutions, Inc. All rights reserved.

To find out more about managing your money and getting free advice, visit the Money Advice Service,an independent service set up to help people manage their money.

TOP