-
Help please with share valuation
My father passed away 05/06/14 and as executor I am calculating the value of the estate, which will be liable for inheritance tax. My father owned a few share holdings, I have the contacted the companies who have written back to confirm the share holding at the time of death but could not provide a value. I have not been…
-
R27 question
Hi All I just need a quick bit of advice about the R27 tax form. My mother passed away in May and I am the executor. We are currently applying for Probate with the help of a solicitor as I live quite far away and her partner is willing to pay to make things easier on myself. I'm filling out the R27 form and most of it is…
-
Probate advice please
My mum passed away recently and I am executor of her will. I have been to see our solicitor who said that the situation is simple enough for me to consider getting probate without their help. Mum’s estate including her house is left to me as sole beneficiary. I am considering applying for probate but there are a few things…
-
Co-Operative Funeral Plans....safe?
Bearing in mind recent publicity about the parlous state of the Co-Op's financial situation, how secure is the Co-Op funeral plan my elderly Mum bought about 5 years ago? To be honest, OH and I were planning to buy one each as soon as we retire (I know, nothing like planning ahead, is there? :) So what do others think…
-
query
Hi Hope you can help. My dad passed away recently. All bank accounts and property are in joint names with my mum. Well below the threshold for inheritance tax. Do I need to tell the HMRC we dont owe anything? Bank have not asked mum for probate and just changed accounts to her sole name. Any help would be great because I…
-
Advice Needed
Apologies now if this gets a little complicated, but thank you for any advice that anyone can offer me. My grandmother died two weeks ago (at the grand age of 90) and details of the will are now coming out. A distant relative of the family (Mrs F) had taken it upon herself to take on the role of my grandmothers carer…
-
Do I need to pay capital gains tax
My father died in 2003, leaving me and my 2 sisters a number of property's. My sisters each got a flat in 2004 but due to problems I didn't get anything. this year me and my sisters finally sorted out the problem with 1 of the other property's and we all agreed I could have it, when contacting the executor to let him know…
-
Advice on whether we'd be able to take on a mortgage rather than sell the house
Hi everyone, I really hope someone can help. Basically I am 24, I have two young children and a partner. My father recently became ill and we moved in to help him out. He passed away yesterday. He was only only really close family member and the person I always turned to for help with financial / legal type things so I…
-
What would happen to the child in the event of..........................
On behalf of family member:- mother & father made wills several years ago, covering their estate, since then they have had a child. They assume that in the event of one of them dying, the survivor continues to raise the child, and they accept this. It now occurs to them that if both of them were not to survive an accident,…
-
best course of action
hi, I was wondering if I could get some advice. found out recently, mums cousin died, early last year, he had been ill but had never told us. apparently, his long term partner couldnt cope and didnt do anything regarding his death, she died a few months later , A will was found leaving everything to her, he owned a 1 bed…
-
Removing an Executor
Background. My mother died 9 months ago, appointing a family friend as sole executor. To date the executor has prevaricated over applying for probate, averring that their family responsibilities must come first. Yet he has refused several suggestions to resign. About six weeks ago he suggested that a way forward was for…
-
Father’s Estate
Unfortunately my Father passed away recently leaving no will. After collecting all his documents together he had only £200 in a bank account and a life insurance policy that could pay out a lump sum of about £2000. He had debts to the inland revenue of over £5000 and unpaid council housing bills of £600. The funeral costs…
-
Difficult Relative refusing to vacate property in probate
Greetings all :) My partner and her sister recently lost both their parents suddenly and have inherited their house. Probate has been granted but since the age off 11 her sister's son has lived in the house looked after by the grandparents, as she was unable to cope with her life. Since working age he has never contributed…
-
Probate And Family Help
My father-in-law has recently passed away leaving a small amount of money in the bank/ISA/insurance. He has no property etc. My wife has three sisters, two live abroad, and the eldest one lives locally. To our knowledge he didn't leave a will. Over the past 20 years my wife has been the one caring for him, doing his…
-
Will missing
Evening all Bit of help needed, after a long illness my partner has been diagnosed as terminally ill. Knowing we wrote our wills among time ago I searched out the paperwork.. I found an unsigned copy, I remember the original was supposed to be held in storage by ? The will writing company or ? Somewhere else, not…
-
How to divide assets?
Hi all, my husband passed away on 14th Feb this year [good day eh?]. He did not leave a will and I have finally received 'Letters of Administration' to sort out his finances [or lack of them]. I have two questions I hope someone can help with please. 1] On 9th April his bank gave me copies of the balances of his bank…
-
Trying to get a copy of Grandfathers will - Advice
I am looking for some advice on a delicate situation that I’ve just been told about. Around 5 years ago my grandfather passed away. In a few weeks’time we are having a family get together the first one in 5 years since he died. My mother has just informed me she doesn’t want to go and the reason is because she believes my…
-
Left money in will from USA
My father in law has been left some money by his relative in the USA. What are the legal ramifications of this, it is easy to have the money sent to a UK bank? We are not sure what we need to do - do we need to appoint a solicitor (for example a notary)? How much is this likely to cost? Many Thanks!
-
Paying beneficiaries of a will ?
My Mum died recently. She left a will - leaving all her estate to me (a small bungalow and a small amount of savings) and named me as her executor. I've now been able to get access to her bank account and, after the funeral is paid for (she was very specific about what she wanted and that it should be paid out of HER…
-
Mums will went wrong
My mum died on the 12th and as I already knew, named me as executor to her will. I was on at her to do it properly for a long time but naturally, she was reluctant as It would mean accepting her impending death (terminal cancer), understandable, but still necessary to get affairs in order. Upon contacting the solicitor I…