Written Question·Treasury·UIN 28231
Wills
Tabled: 3 February 2025
Answered: 6 February 2025
Named DayQuestion
Steff Aquarone
Liberal Democrat — North 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 ReynoldsIn 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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