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Situation is the deceased left a straightforward, valid will where his wife is both executor and sole beneficiary. It was discovered after all other matters were dealt with and successfully finalised without the need for a grant of probate, that a grant was required for one item, namely an AMRF/ARF.
A summary of the items in the estate now dealt with that did not require a grant is -
- Joint bank account with wife, now held solely in wife's name.
- Bank account held solely in the deceased's name. This is now closed with the balance transferred to above joint account, now solely in wife's name. The balance in the deceased's account was under the threshold that would have required a grant of probate.
- Life Insurance policy with no beneficiary stated, hence it was payable to the estate. As the amount payable was below a particular threshold, providing a certified copy of the will and completing a grant of probate waiver form meant that the institution providing the cover have paid out in full to his wife.
- House held jointly as joint tenants, hence survivorship rule applies
My question is, are all of the above items required to be detailed in Form CA24, considering that the only item necessitating the grant of probate is the AMRF/ARF? And if so then what might be the consequences of omitting some/all of the above items?
Thanks,
GN
A summary of the items in the estate now dealt with that did not require a grant is -
- Joint bank account with wife, now held solely in wife's name.
- Bank account held solely in the deceased's name. This is now closed with the balance transferred to above joint account, now solely in wife's name. The balance in the deceased's account was under the threshold that would have required a grant of probate.
- Life Insurance policy with no beneficiary stated, hence it was payable to the estate. As the amount payable was below a particular threshold, providing a certified copy of the will and completing a grant of probate waiver form meant that the institution providing the cover have paid out in full to his wife.
- House held jointly as joint tenants, hence survivorship rule applies
My question is, are all of the above items required to be detailed in Form CA24, considering that the only item necessitating the grant of probate is the AMRF/ARF? And if so then what might be the consequences of omitting some/all of the above items?
Thanks,
GN