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Tenants in Common – What to do when one tenant dies?
Hopefully a simple ‘tenants in common’ query… In 2020 my parents became ‘tenants in common’
on the property they owned and lived in together. It was a straight forward ‘tenants
in common’ agreement – documented by a solicitor, which states they each own
50% of the property, and upon their deaths their 50% ownership should…
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Probate with no will and creditors
my ex died recently leaving a half paid for house, some debts and no will. I've been quoted 7.5K for a probate solicitor. We have 3 kids (2 adults, and a 16 year old now living with me permanently). I'd like to save as much as I can for them obviously. Does it sound feasible for us to go through getting probate/letters of…
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Transfer of part inherited property to Stepdad....
Hi all Hope someone can please shed some light on this situation. Mum passed away last year. She had been married to my stepdad for 35 yrs, birth father passed away 1979. Probate has been granted. My brother and I have inherited 50% (25% each) of the property they both jointly owned. My step father wishes to buy our half…
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co-op prepaid simple funerals - regional variations
The coop are nationally advertising their 'from' £1350 funeral plans. I booked an appointment at my local co op, had to wait a couple of weeks because they have 'authorised' advisers and on talking to them discovered that they aren't offering this price because they are members of a different co op group (their equivalent…
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Parents in law have no will
My parents in law currently have no will. They are both in their 60's and my FIL has poor health. They jointly own two properties, one that they live in and one they rent. They do have a joing bank account but may also have single accounts. My husband has sister and one half sister (Dad's side, first marraige). His Dad has…
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Estates selling a property - do you use the the same solicitor for conveyancing or can you choose to
Background info: Dad died over a year and a half ago leaving a house and savings to 2 beneficiaries, myself and my brother. We're not Executors, that's another relative, but we're all 3 working together on it and a solicitor's helping with Estate administration. We've got the Grant of Probate and all IHT due has been paid…
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Forfeiture order while in hospital.
My brother died in hospital in February and whilst I was sorting out his flat, (it's in a retirement complex) I came across a pile of unopened letters one of which was a court order to pay outstanding service charges and lease fees to the landlord. The due by date was 15th February. My brother had certain health problems…
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Wills & probate solicitor recommendation?
Hi, we’ve hit some complications in carrying out the wishes set out in my dad’s will and really need some legal advice on our options. Can anyone recommend a good wills/probate solicitor?
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Executors not saying what I have been left
Hi everyone, Would love some advice here! My godmother - who has no children - died in December last year. One of the executors told me in January she had left me her jewellery- which I was very touched by. At her memorial service last week, the other executor (step daughter) said in the middle of the crowded reception…
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Need to apply for probate but is my Father's will invalid?
My Father died in March and I have to apply for probate. However I found his will that is dated 1982 but I think it is invalid. His address is wrong and the executors are my Mother, who has passed away and the Midland Bank which don't exist anymore. I did check with HSBC but they stopped dealing with that side of the…
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Is it possible to keep a house in the family when there is a large inheritance bill to pay?
If there is a large estate value of over £2m which is predominately from a single property, if the children on the receiving end of the inheritance cant afford the IHT bill of circa £600k, is the only option to sell the house to pay the IHT? This isn't unfortunately a house of interest that could be handed to the national…
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HELP - C1 confirmation forms in Scotland
My father passed away in 2023 and I now need to get confirmation I was shocked to discover how much a solicitor chargers so thought I would try and do it myself. It is classed as a large estate and I have submitted it to the court but it was rejected can anyone help with page 3 of the form inventory the properties are on…
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How to answer INT 435/436/402 Inheritance tax account INT 400
Questions 29 a b c in Inheritance Tax Account IHT400 The answer is yes to all three. is there any simple guide to filling this in, it’s so confusing. Somewhere online an example of what the completed form might look like as a guide. I’m just confounded by it. There is NO WAY I’m getting a solicitor Any help thank you.
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Leaving 10% to charity in a Will
I know that if you do this, the IHT taxation rate is then reduced to 36% from 40%. But does this only apply to ‘cash’ assets, i.e. property is a separate thing, or is your whole estate (including the property) used as the figure from which you bequeath 10% to charity? When he died last year, my Mum inherited my Dads…
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filling in correct forms
I'm trying to put affairs in order[age 86] and realise I need to mitigate IHT as I have given away £300,000 over last 7 years? I am a widow and now investigating transferring husband's NRB -[ he left his share of property to children £315000, so i believe I can belatedly apply his RNRB to his probate , take remainder from…
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DIY Probate or Specialist company
Hi, My mother passed away recently and both me and my elder brother are executors of her will. My father died 6 years ago and everything passed to my mother therefore probate wasnt gained for that. Was that the right thing to do? Her estate is very straight forward I think. House valued at £400,000 Bank account £20,000 ISA…
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Unmarried, wills, property and children
I've made an appointment for will writing at a solicitors, but I'm not sure if that's what I need to do?? Basically,
myself and my partner (20+ years) are not married but have a 13-year-old. No other children (or future children). Our
mortgage (in both names) has been paid off. As we are not married, what happens if one of…
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Filling in the C1 form - Inventory
Still slightly confused with the inventory section when filling in the C1 form for confirmation. Dad never left a will, sis is executor Mum left a will, sis is executor. In each C1 form do I just divide the expected value of the house and put 50% for each one ? (there is no survivlaist clause in the house deeds by the…
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Question about IHT400 & 418?
Hi, I'm doing the probate for my mother's will. The will saw my children given a cash gift. As they are under 18, the gift is to be held in trust by my sister and me (who are also the executors of the will). There is no IHT to pay but just a couple of things I wanted to check. 1. Do I have to complete IHT400? I found the…
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INT405. Houses etc
The deceased owned two houses. Do I put the totals of both houses added together in box 50? Or separate them?