I am due to inherit some money from my grandads estate, the probate has all been done but we are now being told they have put it in some acct for 6months in case the will is questioned by anyone and money needs to be paid to them - Ok I get this, but what with some very bad luck and this credit crunch with costs going up we are starting to struggle, is there any way I can say I will take my chances that someone will put a claim on the money and I would at least appreciate having my set amount (there is a set amount, then a % of whats left) otherwise we have to wait quite a few more months which will make life extremely unpleasant, anyone know if it is possible to do this??
I think you can take out insurance AGAINST long-lost relatives appearing, - don't know how much it might cost, though. I had a greataunt who died recently,- intestate, never married, and no siblings or children! The estate had to be split between her cousins and their offspring. There was always a chance that SOMEONE would be missed, (gone abroad, changed name, everyone thinking they were dead when they weren't etc).The solicitors dealt with everything, but I do remember insurance being mentioned. It might be worth looking into.