Thomas’s
will (dated 5 May 1835, he died on 6 June 1835) left £50 immediately after his death to his wife Jane and each of his
three surviving children. His children were also left £500 each when they
reached 21, with the residue to be invested to provide an income for his wife
until her death or remarriage when the remaining funds were to be divided
between Thomas‘s children. If any of his children were dead at this time then
their share would go to their children. The executors of the will were Jane
Ivall and her eldest son Robert Thomas Ivall. The estate duty record of the
will values his estate “at less than £4,000”.
The
website http://www.measuringworth.com/ukcompare/
can be used to get an idea of the relative worth of the sums above in current
terms. The website calculates an answer
in five different ways, resulting in widely different results. However, probably
the most valid calculation is by comparison with an index of average earnings.
This says that £500 in 1835 was equivalent to £366,000 in 2010 (the latest date
for which data are available on the website). It can be seen therefore that
Thomas was a wealthy man and that his children were comfortably off when they reached
the age of 21 (and received their £500 inheritance).
Thomas’s
children at the time of his death were Robert Thomas, Louisa and David. All
reached the age of 21 so would have each received £500. Louisa died in 1847
(aged 33) and Robert Thomas in 1865 (aged 52). When Thomas’s wife Jane died in
Q1 1866, only David (my ancestor) was still alive. The probate records show
that letters of administration for Thomas Ivall’s estate were issued to David
in 1866. The size of the estate is stated “as less than £1,000”.
A
letter dated 12th April 1866 was sent to Thomas Ivall (1837-1908),
the eldest son of Robert Thomas Ivall by Robert A Ward (a solicitor). It says
“Your
grandfather left by will a residue of £1800 upon trust to pay his widow the
income during her life and at her death to divide it into thirds: one to each
of his children and provided that if either of his children should die in the
lifetime of the mother, the share of the child so dying should be payable among
his children. Your father died before your grandmother and in my opinion you
are entitled to a share, notwithstanding that your father received and spent
his share in his life time. I am told you are ready to give up your share in
favour of your uncle (presumably David Ivall) and cousin Miss Luker (Emily
Louisa Luker, the only daughter of Louisa Ivall). But I must have a letter
from you to that effect before I can act upon it. Your share will be about £60.
Let me hear what your wishes are.”
It
seems that Thomas was not happy with the way that David was administering his
grandfather’s estate. Thomas and his brother Robert Ivall (1840-97) filed a
case against David Ivall at the Court of Chancery. The records are held at the
National Archives at Kew. The first hearing was on 9th May 1866
before Mr Disraeli, who ordered that the case be adjourned whilst enquiries
were made regarding Thomas Ivall’s estate, debts, creditors, funeral expenses
and any legacies already given. As a result, an item appeared in the London
Gazette of June 5, 1866 asking anyone with claims against the estate of Thomas
Ivall to send their names to Robert Ward of Maidenhead, Berks, solicitor to the
defendant (ie David Ivall) before 2nd July 1866.
A
further hearing was held on 23 July 1866 before Mr Colville. He ordered David
Ivall to transfer the £1125 in 3% annuities remaining from Thomas Ivall’s
estate to an account managed by the Accountant General. Any interest was to be
used to purchase more annuities.
A
hearing on 13 February 1867 before Mr King ordered £1,125 plus £50 already paid
to David Ivall minus legal costs and death duty to be divided into three equal
parts. One part was to be paid to David Ivall, one part to Emily Louisa Luker
(then aged 19) and the third part to be divided between the 7 surviving
children of Robert Thomas Ivall. These were Thomas (aged 29 in February 1867),
Robert (26), Jane (25, wife of John Bampton), Marion (22), Owen (20), Louisa
(18) and Harriett (16). This outcome doesn’t seem very fair to me, as Robert
Thomas Ivall had received his share of the residue when he was alive !
There
was another hearing on 5th July 1867 before Mr King. He authorized
the payment of £44 1s 7d (£40 10s 8d after solicitors costs were paid) each to
John Bampton on behalf of Jane his wife, Marion and Owen Ivall (who was 21 by
then).
Further
hearings on 10 March 1869 and 9 November 1871 instructed that £40 11s 8d be
paid to Louisa and Harriett Ivall as they reached the age of 21. Their
solicitor Charles Edward Abbott was paid £6 each time.
The
fact that Thomas and Robert Ivall asked for the Court of Chancery to administer
the estate of their grandfather Thomas Ivall might indicate that they did not
trust their uncle David Ivall to do it properly. Dennis Ivall recorded a family
story that David was a heavy drinker – if true, this may be the reason. It
seems to have been relatively common for the Court of Chancery to administer
wills, the disadvantage being that legal costs consumed a significant
percentage of the estate.
The main beneficiaries of the will died shortly after they received
their allocation. David Ivall died on 30 September 1867 aged 51 and Emily
Louisa Luker in 1870 aged 23.
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