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Missing beneficeries share of estąte

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  • Missing beneficeries share of estąte

    Advice please, if possible
    My Brother & I were contacted by Heir Hunters, 1 year ago.
    It was an Intestate case, my late Uncle, whom we did not know, as my parents split up, when we were very small. The Beneficeries are. Myself, My Brother, 2 Step brothers, and another Uncle, also whom we never knew. The estate is now in its final stages, and the paperwork states that the 2 Step brothers, that are known, but untraceable. Are still entitled, to their share, even though, Missing Beneficary Insurance, has been awarded. My understanding of the insurance, is that since they are missing, their share would be divided between known beneficiaries. And the Insurance would pay out their share, if they came forward, after the estate was finalised.
    Otherwise, what would be the point of taking out the Insurance ??
    Thanks in advance for any advice
    Tags: None

  • #2
    I'm not an expert in intestacy rules so I googled whether the step-brothers as steo-nephews can be beneficiaries under intestacy rules and got the answer no.
    You and your brother can share your mother or father's entitlement provided your parent that was a sibling of the uncle has died.

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    • #3
      Do you mean brothers of the half blood - because, on the face of things, step brothers would have no entitlement to inherit.

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      • #4
        I think the OP means their own step brothers. If the step brothers share the parent whose brother was the deceased intestate then they would be as entitled as the OP and the OPs full sibling.

        yes, that is the purpose of the insurance. It protects the executors and the beneficiaries who receive the entitlements of the missing heirs. Otherwise the beneficiaries would be liable to reimburse monies received over and above their original entitlement..

        Comment


        • #5
          Originally posted by Tofros View Post
          I think the OP means their own step brothers. If the step brothers share the parent whose brother was the deceased intestate then they would be as entitled as the OP and the OPs full sibling.

          yes, that is the purpose of the insurance. It protects the executors and the beneficiaries who receive the entitlements of the missing heirs. Otherwise the beneficiaries would be liable to reimburse monies received over and above their original entitlement..
          A step brother is not a blood relative. if the brothers share a parent then they are not step brothers they are half brothers (brothers of the half blood)

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          • #6
            Originally posted by sederunt View Post

            A step brother is not a blood relative. if the brothers share a parent then they are not step brothers they are half brothers (brothers of the half blood)
            Apologies, yes -true.

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