I am dealing with an estate that includes farmland. There is a specific bequest of a portion of the land. At the moment the land remains vested in the deceased and the Executors are continuing to run the farm on the basis it can be sold as a going concern. The Executors intend to transfer the land to the specific beneficiary prior to sale.
I appreciate a specific bequest carried with it the right to “income” from the date of death. Do forum members consider this would include RPA entitlements given that the Executors are effectively farming the land and have to “claim” the RPA entitlements?
Brewer Harding & Rowe