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<p /> <p>A bank may permit an executor to withdraw money from the deceased’s bank
account before probate is granted. However, the bank in question will be liable to
the deceased’s estate if it releases funds to the wrong person. The bank may therefore
insist on production of proof of the executor’s right to administer the deceased’s
estate, namely the grant of probate, before releasing the money.</p><p> </p><p>The
Government considers that this strikes a fair balance between the parties and has
no plans to change the law at present.</p><p> </p><p>Information about the role of
executors and the significance of the grant of probate is available from various sources
including <a href="https://www.gov.uk/wills-probate-inheritance/overview" target="_blank">https://www.gov.uk/wills-probate-inheritance/overview</a>
and <a href="http://www.hmrc.gov.uk/manuals/ihtmanual/ihtm05101.htm" target="_blank">http://www.hmrc.gov.uk/manuals/ihtmanual/ihtm05101.htm</a>.</p>
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