What is the difference between Estate value gross and net?

[STEINER]

Grant of Probate has now issued.

The estate has a gross value of X and a net value of 9k less than the gross.

What is the 9k, solicitor's fees?

 

[mf1]

Ah yes - without knowing anything at all about the circumstances.........I'll just look into my crystal ball!

It would generally be funeral expenses and any debt. It's unlikely to be solicitor's fees.

mf

 

[STEINER]

Ah yes - without knowing anything at all about the circumstances.........I'll just look into my crystal ball!

It would generally be funeral expenses and any debt. It's unlikely to be solicitor's fees.

mf

ah yes, thanks, I forgot about the undertaker's bill which is substantially the 9k.

 

[Steven Barrett]

Ah yes - without knowing anything at all about the circumstances.........I'll just look into my crystal ball!

It would generally be funeral expenses and any debt. It's unlikely to be solicitor's fees.

mf

ah yes, thanks, I forgot about the undertaker's bill which is substantially the 9k.

mf1,

That crystal ball of yours seems pretty accurate. You wouldn't be able to tell me the Euro milions numbers for tonight, €55m jackpot.