Hi candlewick, thank you for your reply. The trust deed company are asking for more money, they seem to have calculated how much insurance my sister had from her employer and are making their demands to fit. They have even employed a firm of lawyers to ask for this money.

I'm sorry to hear that, Lynn [:(]

As TDA said earlier on in the thread, I think the devil is very much in the detail here. I wonder if it would be worth your while trying to find a lawyer who does deal with insolvency issues, just to get some guidance?

A wise suggestion I would say. I would ask to get a copy of the trustee's Receipts and Payments Account, sip9 statement (shows fees), a list of creditors and a copy of the trust deed. Then show them to a lawyer who knows about insolvency. This should help clarify whether the figures they are saying can be justified.

If there was a life insurance payout into the estate of around the figure they are looking for then this would make sense. They are likely to ask for these funds even if it is more than is required, any excess would then be returned to you as executor of the estate.

Whether they have the right to claim these funds is another matter - it may depend upon the wording of the trust deed, which is where an insolvency lawyer would come in.