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Deaths, Funerals & Probate Board Sticky
Relevant Forum threads you may find helpful: * Introduction to this board * Useful references * Guide discussion: Probate: How to do it yourself If you've spotted any other threads on this board which you think should be highlighted, please do let me know. Useful content from MoneySavingExpert.com: * Guide to probate *…
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Deed of Variation - does money need to be available within 2 years?
I feel I should know the answer to this but can’t find a definitive answer i am aware that the DOV needs to be completed within 24 months of date of death.I have made variations on previous inheritances ,but had the inheritance in hand when doing so.I was each time an executor,this time not. My last inheritance is…
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Estates petition
Evening all, I was wondering if anyone and everyone could sign this petition and share it? https://petition.parliament.uk/petitions/751937 It's a petition to hopefully help estate beneficiaries, if they ever get stuck with the executor from hell.
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Solicitor as executor?
I'm about to revise my will and wondering whether to appoint a firm of solicitors as executors. Current situation: I have no immediate family and plan to leave the bulk of my estate to charity. As it stands, I have two friends as executors but they are a similar age and I feel it's no longer appropriate to lumber them with…
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Free will, has anybody used this service?
Hi, has anybody used the service, of a free will writing. Did see today, that blue cross are offering a free will service, for a small donation.
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Where do you keep your will
I have recently updated my will and the solicitor was surprised when I told her I did not want them to keep the original. It is now at home which I know is not ideal and I am considering the options. I have had a couple of poor experiences this year retrieving wills that had been left with solicitors. In one case the…
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Do I need to go through years of bank statements as an Executor, Beneficiary and POA?
I am currently the POA for my Mother. I heard recently of someone who had to go through 7 years of bank statements to prove that no gifts had been made. Would I and my siblings have to do this as we all know about her assets, her income and her savings? She has no hidden accounts or shares or properties. We are the only…
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Executor receives Deed of Variation from beneficiary: what to do?
Hi,Just wondering if anyone has found any official guidelines on what the Executor is supposed to do in this case. The beneficiary wishes his entitlement to be passed directly to someone else. One option would be to ask a solicitor, and deduct the legal fees from the beneficiary's entitlement. Any other suggestions? What…
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First time Help Needed/ Bit Of A Mess
Hi all, hoping for some advice please. Background history Parent A haven't seen for 30 odd years Parent B bought own house after splitting. After some time remarried Parent B has passed away approx 2 months ago. Getting no information from current partner. Don't know if tell once has been done, banks informed etc. Partner…
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Leaving percentage of estate to registered charities vs lump sums
Following Mum's death last year Dad is updating his will. He isnt going to change the fairly substantial gifts to charities they had both agreed on, but has been told by his investment advisor leaving a variable portion of the residual estate to charities can "lead to problems" for the executors compared to leaving say a…
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Update on Estate administration
Further to several discussions, not much on the way of progress, caveats remain in place but now one of my nephews is now claiming the house as his main residence. My brother, my potential joint administrator, has told his solicitor that his son moved in months before my mum's death and all the utilitieshave been…
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Proof of gifts made, in preparation of IHT calculations
Good Morning, Like many of you here already do, I have started to keep detailed records of gifts made, as we move towards making more substantial gifts (likely within allowances) to our Niblings. We would, currently, be deep into IHT territory. (deeper still, once pension pots are included) Would a detailed spreadsheet be…
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Administrator having sibling trouble
Hi my brother died last December witbout a will, im sorting everything out and have been granted probate and letter of administration, my sister (whom I'm keeping up to date with this) keeps texting me that her ex son in law ( an American lawyer) seems to be taking an interest, ive told my sister I'll provide all paperwork…
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Distribution of estate
Good afternoon I have today received grant of probate. Do I have to rush to inform bank as I'd rather leave money in there, I have another 6 weeks until section 27 expires? Also have a house sale going through and will be "stuck " with that money until I can distribute. What I'm really asking is whether I really need to…
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Trustee (brother) refuses to pay out any more money from a discretionary trust
Beneficiary has received sone money(around 5%) over 2 years from a discretionary trust but his brother who is also the trustee now refuses to pay out any more. I suppose it's essentially a family feud, this is in Scotland. There doesn't seem to be a lot of options the only option seems to be to have a court remove the…
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Should I write a will, advice needed
Hi all, long post ! im a 50 year old female and I have a 16 year old son, 17 in June. I've been considering writing a will, even pondering setting up a funeral plan. Atm im single, renting a property, I have 2 work place pensions, and some small savings. So, I don't have much to leave anyway, but I then think about the…
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Death of Brother
This is a bit complicated so please bear with me, my brother has recently passed and was divorced from his wife but they still lived together (long story) he has no children, parents are deceased so am I his next of kin, there is a will but I want to ensure his wishes are carried out correctly. I don’t know who his…
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LPA refund
My wife and I are in the process of creating our LPA's and we decided to nominate each other as primaries and a couple of relatives as backups. We checked with all concerned and they were happy to sign. As we were both doing financial and health (total of 4 LPAs) we decided initially to submit just one to ensure we had…
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What to do just in case
My lovely 21yr old son has been diagnosed with an inoperable brain tumour. Next step is a biopsy but we *think* it’s benign but has caused a seizure and we’re waiting for hospital appointments to start in the new year followed by chemotherapy. Obviously a total shock but having had discussions we want to plan for the worst…
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Another gifting question!!
Possibly a strange question, but can a substantial gift from a grandparent to a grandchild be returned within the 7 year gifting window to avoid any IHT implications? Or is it a one way street? The reason I am asking is that my mum is in a position to help my son with the deposit for a new house. The gift would be returned…
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IS THE FIRM PURE CREMATION TRUSTWORTHY?
You may have seen this firm's irritating ads on TV. I don't watch much TV, but when I do I have to put up with their repeated ads. A friend of mine used to work for Pure Cremation, but found the firm care more about business targets and sales as opposed to good customer service. Another friend of mine recently got a quote…
