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Inventory and account order

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  • Inventory and account order

    My sibling was appointed as sole executor by my remaining parent to oversee the handling of my late parents estate, the duration of which has taken from Oct 2018 to current. Having received a spreadsheet from my sibling that contained a number of anomalies and extensively chased for correlating bank statements logging all funds received/ processed, it recently transpired that my sibling had received some funds suspiciously into their own bank account 'despite setting up a dedicated account' with these funds then being transferred into the dedicated account.
    Despite advising my sibling of my legal right to full visibility of every ‘line-by-line financial transaction’ showing all monies paid into all accounts affected and also transferred between, my sibling is advising that under the Data Protection Act, she is not obliged to present the bank statements for her own account which received funds from my parents estate, thus I have no way of establishing whether the amounts she transferred into the 'dedicated account' are true.
    Having continued to chase my sibling twice between July and August both times by text and email I have received no further contact and suspect I am being ghosted/ ignored as I have asked for clarity on:

    - Why money has been unnecessarily paid into a second account (which is purported to be a personal account) despite opening a dedicated account right from the start for this very specific/ sole purpose.
    - Why I wasn’t advised that money was being paid into a second account

    Any advice/ guidance would be very much appreciated.






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  • #2


    Condolences on your loss, and the apparent breakdown in relations with your sibling.

    You have requested a full inventory and account, so presumably you are a residuary beneficiary.

    Other than the fact you are suspicious, do you have any evidence of wrong doing/
    You say the money paid into your sister's account was then transferred into the executor's account.
    I tend to agree with your sister that you have no right to copies of her bank statements

    Residuary beneficiaries are entitled to see a copy of the Estate account i.e. the full statement of all of the Estate assets and liabilities including Executors expenses. A beneficiary has no entitlement as of right to see more detailed documents, although an Executor might supply them on request.

    Comment


    • #3
      Thank you kindly DES 8 for your feedback.
      I can confirm that yes I am a residuary beneficiary.
      The evidence I have is that there are a number of unanswered discrepancies on the statement of account that I have been provided with and the lack of accurate traceability/ correlation of funds received against the statements from the Executors account.
      Any further advice you can provide would be much appreciated.
      Thanks

      Comment

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