As the Will states each beneficiary has a percentage share making up the full 100% of the deceased estate, how does the sharing out work with:-
1) A property that has been left but is titled, tenants in common, between the deceased and another (not a beneficiary)?
Would the Deceased 50% be shared as per the percentages due to each beneficiary?
E.G.
Beneficiary a) gets 1.42% of 50%
Beneficiary b) gets 1.25% of 50%
Beneficiary c) gets 20% of 50%
ETC ETC
I understand it's not the Executor's job to deal with the end title but wonder how it may work if the challenge to the Will proves unsuccessful. There are over two dozen beneficiaries
1) A property that has been left but is titled, tenants in common, between the deceased and another (not a beneficiary)?
Would the Deceased 50% be shared as per the percentages due to each beneficiary?
E.G.
Beneficiary a) gets 1.42% of 50%
Beneficiary b) gets 1.25% of 50%
Beneficiary c) gets 20% of 50%
ETC ETC
I understand it's not the Executor's job to deal with the end title but wonder how it may work if the challenge to the Will proves unsuccessful. There are over two dozen beneficiaries
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