If I die on 31 December 2022 (hopefully not), and probate isn’t granted until 1 January 2024, is there a distribution required for 2023?The deceased's assets have to go through probate. Once the life company are notified of the death, money won't go out of the policy until probate is completed. When probate is completed and the ARF has transferred to the wife, imputed distribution kicks in. Like Liam said, if the new policy is after 30 November (the cut off date each year), the distribution starts the following year.