Q&As

A Will includes a specific gift of a house between five beneficiaries, with the residue of the estate passing equally between two different beneficiaries. Are the executors justified in deducting the costs of the house insurance, estate agents fees, utilities and conveyancing fees from the net proceeds of the sale of the property? The Will is silent on this point.

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Published on LexisPSL on 02/11/2020

The following Wills & Probate Q&A provides comprehensive and up to date legal information covering:

  • A Will includes a specific gift of a house between five beneficiaries, with the residue of the estate passing equally between two different beneficiaries. Are the executors justified in deducting the costs of the house insurance, estate agents fees, utilities and conveyancing fees from the net proceeds of the sale of the property? The Will is silent on this point.

A Will includes a specific gift of a house between five beneficiaries, with the residue of the estate passing equally between two different beneficiaries. Are the executors justified in deducting the costs of the house insurance, estate agents fees, utilities and conveyancing fees from the net proceeds of the sale of the property? The

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