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Estate tax return query
My mum passed away in December, (left me as the sole executor) as a result I used the same solicitors who already held her will and property documentation for ease, plus, I was too distraught to actually think straight on my first visit (to engage the Solicitor). They offered to use their preferred Tax Account to sort out…
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Share of married partner's assets in estate
Hi If my wife and I own a house jointly, and she also has a property in her name, if I die, is half the value of 'her' property included in my estate? Equally, if we divorced (children are adults) would I be entitled to half the value of the property in her name? TIA Vigman
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Joint tenants - separate wills?
Hi, My mum, who's in her 70s, just made a will with a local solicitor. She has joint ownership of the house with my father and wanted to leave her share to me and not my father (they have a terrible relationship). She was told by them that by law they needed to contact him. They sent him a form which he said he is not…
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Signing off estate accounts
Firstly, am I correct in thinking that signing off the Estate Accounts when a solicitor has been used as an Executor releases them from any further liability for further taxes? Secondly, why would a solicitor refuse to let a beneficiary see the draft estate accounts towards the end of the Administration? TIA
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Grandson, My Son
Hi All, I just have a query. I thought I would sound out advice here before seeking advice from a solicitor. My mother died in March & left her stock market portfolio split between me & my half brother. Her properties were left in an estate with my Dad being a life renter of the family home. Me and Brother are Trustees. My…
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Dividing up the estate: Brother with IVA
Hi, Our father died recently. The estate is to be divided between the 4 children plus some small bequests for grand children etc. We have had the house valued and it would sell very quickly. Probate should be straight forward too. Question: Once the house has been sold and all monies accounted for etc. can I (as the…
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Help With Trustee(s)
I've posted this elsewhere, yet was advised this is a good place to post the query I have. Complaints were brought forward to the two trustees of my late mother's estate. The funds were left languishing in their account for 2 years. They didn't invest the funds nor seek independent financial advice as they were supposed to…
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Insolvent Estate
I was the executor of an insolvent estate, and so advised not to do anything, which is fine. I am aware that creditors can apply to administer the estate, but what happens if nobody does? Does it just sit in limbo for the rest of time?
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probate application
Ok so we have looked at the probabre forms online today at moms request and most of the questions seem straight forward until we get to the bit about blood relatives of my late father. He was thrown out of his family home as a young man and has never had any contact with any of them since and neither has my mon, my dad was…
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Deed of Variation
Any ideas as to how much a Deed of Variation should cost? I think it needs to be completed (?) within 2 years of the date of death. Thanks
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Transfer of deeds
Hello My Dad passed away and we have obtained probate. The house was registered in my Dad's name only. In his Will he left the house to my Mum. We want to inform Land Registry of his death and transfer over the deeds into my Mums name. I have all the paperwork to this. The question I want to ask is my Mum has asked if I…
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council tax should i request exemption
Reading the other post about council tax exemption im wandering now if this is something i should be requesting on my late fathers property on behalf of my mom. Its a second property and i am not sure if he received a small discount or not due to this. I think i am correct in saying exemption will be granted for six months…
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Is this executor behaving correctly?
Hi everyone, I am fortunate enough to have had no reason to have dealings with an executor in my life thus far so am in the dark as to how they should behave and would appreciate some advice please. I have a few points do please bear with me. My Gran died a few months back and appointed the solicitor who wrote her will as…
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Question about Trustee and LPA--So many issues!
Complaints were brought forward to the two trustees of my late mother's estate. The funds were left languishing in their account for 2 years. They didn't invest the funds nor seek independent financial advice as they were supposed to do. Instead they put the money into a regular account and were only to tap into the…
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Council Tax Exemption during Probate
My father died in December and I've recently received a Council Tax bill for the full amount for 16/17 plus repayment of his single occupant allowance for the period between his death and the end of FY 15/16. I understood that this should be exempt under Class F1 while I await probate (and subsequently for 6 months after…
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Mass cards.
I have a question I'd like to ask please. If you have a friend who loses someone close , do you send a mass card if you yourself are not religious? I want to do the right thing and buying the card though it is meaningless to me is not a problem if the receipt of it gives comfort and support. I have a notion that I once…
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Signatory for Deceased Fathers Account
Hi All, My father died a few days ago. He had been diagnosed with MND six months ago so we had planned ahead ( to a certain degree!). I was added to his current account as an authorised signatory so that I could sign cheques etc. I am also an executor of his will. Will his current account be frozen when I inform the bank…
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The Trustee Act 1925
Can anyone tell me if this notice only has to go into the paper if there is a property and land left? on reading through it keeps referring to land/property. If there is money in the bank only, does the beneficiary still put it in to see if there are any outstanding debts and does it have to go into the Gazette and a local…
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Move into property during probate?
Hi all, I would like to find out if it would be possible to move into an empty property while it is in probate? my grandmother passed away and my my mother is the executor of the will, there is a bit of outstanding debt on the property which is going to legal aid for a divorce which is approx 10k which was for a long and…
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Reclaiming tax on savings interest after death
At the time my dad died he had some cash ISAs. In his will he left specified amounts of money as small legacies to myself and my children (his grandchildren) with everything else going to my mum. The tax free status of the ISAs stopped at the date of death, so when the money was eventually paid to my mum (after going…
