• Welcome to the LegalBeagles Consumer and Legal Forum. If this is your first visit to LegalBeagles and you need assistance then you can ask a question here;
    Create a Thread
    Please Register to get the most out of the forum. Registration is free and only needs a username and email address.
    REGISTER
    Please do not post your full name, reference numbers or any identifiable details on the forum.

What are the Rights to see the Accounts as a Legatee in a will?

Collapse
Loading...
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • What are the Rights to see the Accounts as a Legatee in a will?

    I was informed that i had been left a Legacy in a Will and the Administrators then sent me a Letter saying that there was not enough money in the estate so the Legacies would have to be reduced. Then i recieved another letter saying as to a Loan that the Deceased had forgave in his Lifetime there was no money to pay out any Legacies. It was a Large estate and there was a lot of Money left to Charities and i had heard that some charities had recieved some money although i have no way of verifying this only a News Paper article Stating this. I have written to the Administrators of the Estate several times asking for a Statement of the final accouints and they are refuseing to show them to me saying as i am a Legatee i have no right to see the accounts. The Executors are Solicitor, Accountant, and Family and one is also a Benificary. What can i do to get them to produce the Accounts as i have no way of Knowing where the money has gone and to whom. The will would be in Scotland Law as thats where the Deceased lived and Died and i would like Advice as to what i could do to Redress this.
    Thanks
    Tags: None

  • #2
    Re: What are the Rights to see the Accounts as a Legatee in a will?

    Hi Welcome to LB.
    I am not familiar with the Scottish Law on inheritance, probate etc., No doubt you
    will get help soon from those more knowledge that I.

    nem
    The advice I give and draft letters provided are drawn from personal experience and career training and are given freely and without liability.

    Please make your own decisions with care and if necessary seek qualified legal advice. I will not advise by private message. If you'd like me to look at your post please tag me in your post by typing @nemesis45;.

    If you receive messages from anyone offering advice for a fee please report it to the site team.


    Animo et fide.

    Comment


    • #3
      Re: What are the Rights to see the Accounts as a Legatee in a will?

      In Scotland the executor must write an inventory on the Confirmation document (C1) which is an HRMC document ( you find on their website) . And sign this as being a true and accurate representation of the estate. This form is submitted to HMRC . You can then apply for a copy of this Confirmation from the court (publicly accessible) .
      I believe the will is attached to the confirmation and so you should have an idea of what debts were against the estate and what bequests were left.
      From this you should be able to see if there was any residuary to be left to the residual beneficiaries.
      I think you have , as a beneficiary, the right to see the accounts.

      Perhaps you need to take advice from a solicitor specialising in Scottish law.

      Comment

      View our Terms and Conditions

      LegalBeagles Group uses cookies to enhance your browsing experience and to create a secure and effective website. By using this website, you are consenting to such use.To find out more and learn how to manage cookies please read our Cookie and Privacy Policy.

      If you would like to opt in, or out, of receiving news and marketing from LegalBeagles Group Ltd you can amend your settings at any time here.


      If you would like to cancel your registration please Contact Us. We will delete your user details on request, however, any previously posted user content will remain on the site with your username removed and 'Guest' inserted.
      Working...
      X