Your Questions Answered recommended

Does a house in a persons estate have to be sold/ 2.9.2013• A. Velasco• Posted At 03:00 PM

…before money in the bank can be received by the beneficiaries in a will?

IFA Andrew says:

Thank you for your question.

In the first instance, I would clarify the position with the executors of the will. They may want the house to be sold and the proceeds to be with the executors before they distribute the estate. Obviously, the sale of a house can take a lengthy period of time, so this could delay the beneficiaries receiving the proceeds of the estate.

I hope this answers your question, but if you have any of queries, please do not hesitate to contact me.

Kind regards,

Andrew Gurton
Financial Adviser
Shepherds Mutual Solutions
Direct Line 0161 495 6411
Team Line 0800 0921 245


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    posted on 25 April 2014

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