Written Question·Treasury·UIN 28231

Wills

Tabled: 3 February 2025
Answered: 6 February 2025
Named Day

Question

Steff Aquarone

Liberal DemocratNorth Norfolk

To ask the Chancellor of the Exchequer, what steps she is taking to ensure the timely release of funds by banks to executors of wills.

Answer

Emma Reynolds
In recent years banks and building societies have sought to make the bereavement process easier by increasing the amount they will release without needing a grant of probate. As such the threshold varies between different firms. The nominal threshold in l...

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