The advance is then subtracted from the share of the enlarged estate of the child who received the advance. While the explanation is straightforward, administration is more complicated. Disputes can arise...
This essential guide to estate administration and executorship covers: - Immediate post death procedures - Drafting oaths and Inland Revenue accounts - Powers of personal representatives - Completion of the administration - Problems with wills and other disputes - Inheritance tax, capital gains tax and...
Third, Claims arising out of fee disputes or contested passing of accounts are not covered under the Policy, as such fees are expressly excluded under the definition of Damages inPart V(j)(ii). Disputes may arise with respect to executor or trustee compensation that the beneficiaries allege ...