Hello All,
I'm not sure on the best course of action to take on the following matter:
Grandfather died in 1994ish - left me his interest (50%) in a loan secured against my mum's house. Executors were my Grandma and a Solicitor's firm.
2005 - My mum paid it off, plus a large amount of interest, in a lump sum, to the solicitors, who then just wrote a cheque for the full amount to my Grandma instead of splitting it with me. I still wasn't aware at this stage it had been left to me.
Late 2015 - My Grandma died, estate is large and no distributions yet.
2016 - Found out about it.
However, there's a larger legacy left in my Grandma's will than the £15k that should have been mine, plus a clause which says any claim against the estate would invalidate my legacy under her will, unless it's a debt at the date of her death.
Solicitors have obviously been pretty negligent, but Grandma was also an executor of my Grandfather's estate. I don't believe anything was malicious at all, I think everyone just forgot, or mis-read it.
What would you guys say is the best option?
I'm not sure on the best course of action to take on the following matter:
Grandfather died in 1994ish - left me his interest (50%) in a loan secured against my mum's house. Executors were my Grandma and a Solicitor's firm.
2005 - My mum paid it off, plus a large amount of interest, in a lump sum, to the solicitors, who then just wrote a cheque for the full amount to my Grandma instead of splitting it with me. I still wasn't aware at this stage it had been left to me.
Late 2015 - My Grandma died, estate is large and no distributions yet.
2016 - Found out about it.
However, there's a larger legacy left in my Grandma's will than the £15k that should have been mine, plus a clause which says any claim against the estate would invalidate my legacy under her will, unless it's a debt at the date of her death.
Solicitors have obviously been pretty negligent, but Grandma was also an executor of my Grandfather's estate. I don't believe anything was malicious at all, I think everyone just forgot, or mis-read it.
What would you guys say is the best option?