How do I distribute a specific legacy to beneficiaries?

Overview

Specific legacy distributions may be added to your case via 2 methods:

1. A specific legacy entitlement you have added for a beneficiary in the People & beneficiaries section of the case will automatically create a draft specific legacy distribution entry in the Distributions section of the case. See How do I add a beneficiary's entitlement to learn more.

2. Where a specific legacy entitlement hasn't been added in the People & beneficiaries section you can add via Distributions

1. Distributions where specific legacy entitlement added

• Ensure the specific legacy entitlement has been added for the beneficiary in the People & beneficiaries section of your case. See How do I add a beneficiary's entitlement to learn more
• Click into Distributions
  
  
• In the Distributions overview page you should see an entry under the Specific legacies  section for the specific legacy due. It will have a date of payment of N/A as it is just a proposed distribution the system has created on your behalf.
  
  
• Click the View button to view the specific legacy distribution
  
  
• Add the Date of distribution (or this can be left blank to leave as a proposed distribution)
• Click Save distribution
  
  

2. Adding specific legacy distributions via Distributions

• Click into Distributions

• Click Add new distribution

• Choose Specific legacy in Type of distribution 

• Choose the Asset type required. The list will show any asset you have added to the estate which you have not sold/received the cash value for 
• A list of all assets within that asset type will appear in the drop down, choose the specific asset required in Select asset/cash

Select a beneficiary 

• Select the beneficiary you’d like to distribute to in Select beneficiary

• Choose if this legacy is subject to a trust or contingency

• Click Add beneficiary 

• If more than one beneficiary is required, click Add new beneficiary and repeat as needed

Assigning the distribution 

Sole beneficiary

• This option willshow when there is only one beneficiary added for a specific legacy distribution

Multiple beneficiaries

• When multiple beneficiaries are receiving the same item, in How would you like to assign the distribution? choose between Equally, Percentage, Shares or Manual entry £ value

Equally

Percentage

• Use when you want flexibility to share assets or funds by a specific percentage to 2 decimal places

Shares

• Use when you want flexibility to share assets or funds by shares or fractions, simply enter the total number of shares or the bottom number of your fraction (denominator) in the Total number of equal shares box

Manual entry £ value

• Use when you need flexibility to add very specific amounts 

• Add the Date of distribution (or this can be left blank to create a proposed distribution)
• Click Save distribution

View and manage distributions

• You can view and manage specific legacy distributions via the Distributions tab of your case
• To learn more about how to see specific legacy distributions in the estate accounts tabs and outputs, see How do I distribute to beneficiaries?