Hi all,
I'm wondering if anyone might have come across a case like this before and how it turned out.
My Aunt passed away last May. I am the executor of the will and the only beneficiary. I appointed a solicitor to help apply for probate.
It turns out my Aunt had been claiming pension she wasn't entitled to and the social have applied to have this over-payment repaid. The amount to be repaid was more than was in her bank account. She also owned a plot of forestry so I was looking to sell this.
However, it's looking like that might not be completely straightforward as 2 agents have said access is a big problem (One even said, in his opinion, it was unsalable due to the access).
Where do I stand now?? I have enough cash to cover the over-payment (combined with the money in her bank account) but then I don't have enough to pay solicitor, accountant, valuer fee AND inheritance tax on an asset I can't sell.
Is there a time frame where the social will demand their re-payment? Can I just insist that the estate has to "deal with it" and not use my own money? What about fees for the solicitor etc in that situation?