The executor of a will is directed to sell a property (which is closely inherited) and divide the net sale proceeds
between beneficiaries (to obtain full RNRB).
However at the time of death there is not enough money left in the rest of the estate to fully pay all debts expenses etc.
Therefore 20% of the property sale proceeds would need to be appropriated.
1. Can the executor carry out this appropriation without a specific will clause
2. Am I right in thinking this will reduce available RNRB to 80%
Any way of retaining full RNRB ?
For example: payback from beneficiaries the amount needed as a distribution condition?
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