Hi!
My husband is executor of his Mother's will and we are confused about the following:
Whilst looking for the will and other necessary papers, eg bank accounts etc, some money was found. We're not sure what section of the will this should be applied to.
There is a specific legacy that "all my remaining personal effects together with all the contents and furnishings of my home to X". Later in the will (residue?) it says "I devise and bequeath all my real and personal estate whatsoever and wheresoever not otherwise disposed of by this my will or any codicil hereto unto my trustees upon trust to sell call in and convert the same into money ... for Y".
We would assume that money in bank accounts would go to "Y", but as said we are confused about the money found in the house, and also shares, should these go to "X" or "Y"?
Also there was a small amount of money in her purse, where should this go?
We want to get this right, so any advice would be appreciated.
My husband is executor of his Mother's will and we are confused about the following:
Whilst looking for the will and other necessary papers, eg bank accounts etc, some money was found. We're not sure what section of the will this should be applied to.
There is a specific legacy that "all my remaining personal effects together with all the contents and furnishings of my home to X". Later in the will (residue?) it says "I devise and bequeath all my real and personal estate whatsoever and wheresoever not otherwise disposed of by this my will or any codicil hereto unto my trustees upon trust to sell call in and convert the same into money ... for Y".
We would assume that money in bank accounts would go to "Y", but as said we are confused about the money found in the house, and also shares, should these go to "X" or "Y"?
Also there was a small amount of money in her purse, where should this go?
We want to get this right, so any advice would be appreciated.
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