Does the Residuary Estate include the bank account balance at the date of death?2024-09-09T09:41:32+01:00
129 viewsWills
0

thanks in advance for your comment. What is considered in residuary estate in regard to bank accounts. Would it the balance in the bank account at the date of death?

Team QLAW! Changed status to publish 9th September 2024
Add a Comment
0

Hi and thanks for your question. Bank accounts are ‘valued’ for probate purposes as being the balance at close of business on the date of death, PLUS any interest that has accrued to that date, but has not yet been credited.

Team QLAW! Changed status to publish 9th September 2024
Add a Comment
You are viewing 1 out of 1 answers, click here to view all answers.
Write your answer.
Go to Top