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Executor’s Expenses - Interest
I have kept very careful accounts to back up my claim for executor’s expenses. However, from date of death to grant of probate 18 months have passed. During that time I have had to shell out about £8,000 pounds of my own money to pay things such as solicitor’s deposits, maintenance & insurance on an empty property,…
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Death of ex husband
Would anyone know if I can claim unpaid child maintenance from an ex husbands estate as I have recently found out that he died just over a year ago? (That’s if he had anything) I know that he married again and had a child with his 2nd wife.
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Money left to under-18s in will
I need some advice. My mother recently passed away. Her will names me and my sister as the executors of the will as well as trustees. In the will, my mother has left £25'000 to be given to each of my children (currently aged 5 and 2) when they reach 21. I'm not sure exactly what my next steps should be. Do I need to set up…
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Treatment of savings bond on death of holder
Hi, Does anyone know how Nationwide deal with fixed rate online savings bonds on the death of the sole holder ? Their t&C's state that the account will remain open until they receive the paperwork to enable closure. There will be no penalty or loss of interest. However, the bond certificate will automatically be cancelled…
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Free and Cheap Wills discussion area
This thread is to discuss the Free and Cheap Wills guide Just click reply to discuss
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Grant of Confirmation
Hi, I’m trying to fill in the form for Grant of Confirmation for my dad’s estate (C1). I’m trying to do this on my own without a solicitor. I think I understand the main issues, it should be such a simple situation, but what exactly to put on the form is driving me crazy :mad:. Would be grateful if anyone could help.…
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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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Inheritance and DWP
Hi all, I am new here with a question regarding inheritance which I hope some of you can help answer. My father passed away early this year leaving what little he had in his bank account to me as his sole heir. He had no other assets other than his bank account. At the time I was so distraught that I couldn't think about…
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Update on dispute over jointly inherited house, and more questions
Quite some time ago I had some good advice and support on a previous thread about the situation with the late father's house. https://forums.moneysavingexpert.com/discussion/6232470/possible-dispute-over-jointly-inherited-house/p17 In a nutshell, dad died, brother lived with him in his house, dad's will left the estate…
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Theft of assets belonging to an estate
My cousin’s father-in-law recently died in his 70s after a long illness. He had four children. Two from his first marriage, two from his second (with a 20 year age gap between siblings 2 and 3 so the two pairs aren’t super close with each other), and none from his third marriage which happened much later in life. Both of…
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Timeframe for banks to release funds
Just wondered what sort of timeframe is fairly normal for banks to release funds once probate has been granted.TIA
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IHT - Property
Hi My mother has Dementia but now has undiagnosed (yet) medical condition. She’s currently in hospital where it has on more than one occasion been suggested we should be looking at end of life care but whether that’s 1 month or 1 year, no one knows. She has £40k cash and a £525k house. She was divorced 40 years ago and my…
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meaning Net estate value for IHT: for the estate for inheritance tax on probate
Hi We recently completed a probate application online. They've come back asking for a lot of the figures again but haven't said why. So not sure if we've done something daft. Looking at our lodged application, which is downloaded from their portal as check-your-answers.pdf I don't understand the line/entry "Net estate…
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Trust Funds
My father has left money to my 16 year old daughter in his will. Because she is under 18, we have been told we have to create a Trust Fund for this. That's fine, but I cannot find any banks/savings institutions who offer Trust Fund accounts, other than Skipton and the nearest branch is 20 miles away. Would anyone know of…
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Council tax
My dad passed away in 2nd August 2020, he lived alone, I was living in a different area, his sister dealt with everything after his death, I was only 19, I have now received a letter from a debt collection agency for council tax owed from 2nd August 2020 to 28th October 2020, I have contacted the debt collection agency and…
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C1 permission form Scotland
Any help welcome.. Dad passed away, his will left everything to Mum House bank accounts Mum passed away last year her will leaving everything to myself and brother both named executors my brother has now passed away suddenly(no will) no legal process started at all ....What is the way forward I have forms for C1
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IHT and Discretionary Trusts
Not sure this is the correct forum but IHT does come up quite often as a thread. My estate will be liable for IHT when I die. What are the advantages and/or disadvantages of a Discretionary Trust? And why should I or shouldn't I set one up for adult children?
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Next steps...unpaid care home bill
Long story short, at the start of 2020 my mother went in to a nursing home. She suffered with dementia. At the time we were told that it would be covered by funding from covid budgets. My mother then passed away near the end of 2022. Fast forward to now. I have recently received a bill from the council telling me that…
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IHT400: Aegon General Investment Account - where to put it?
Good evening, I rang HMRC this morning to ask where to put the GIA from my late mother's Aegon holding. I was told to put the value in IHT406 Box 2 along with bank and building society accounts, which is something I believe I have also read on this forum. When I was double checking IHT411 - shares, ISA's etc, I became…
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Request for Backdated Care Home Fees
My FIL sadly passed away in May 2019. He had dementia and was in a care home from February 2018. During this time he was self funded and we paid all monthly invoices promptly. Yesterday, completely out of the blue, my husband received an email with a request for nearly £5500 in unpaid fees. The letter states “We are…