Topic starter
Spending a wonderful saturday evening filling in probate forms ๐
So my question is:
Would an overdrawn current account (which will of course be deducted from the estate) be listed as:
1) a negative balance on Schedule 406 (bank and building society accounts)
or
2) A loan / liability on Schedule 419? (Debts owed by the deceased)
It should probably be included on both? But I dont want to cause confusion at the probate office cos it should only be deducted once (obviously....)
thanks
Posted : 13/03/2010 11:38 pm
1. It is exactly as it states.
Posted : 13/03/2010 11:56 pm
Yes, 1. Had the same thing to do when I was doing some probate stuff
Posted : 13/03/2010 11:58 pm
Topic starter
OK, ta!
Posted : 14/03/2010 12:08 am