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Deed of variation and stamp duty query
Hi all, I'm hoping that someone can offer some advice. My mum passed away suddenly at the end of last summer. Her will stated that her whole estate came to me. She had talked about changing the will to include my half-brother (her step-son) but hadn't actually gotten around to making the changes. We have decided that the…
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Old Pension beneficiary query
Bit of a query. Stepfather died in 2014. No will, no estate, nothing of value so all handled by my mother, pretty straightforward, she remained in the rented accommodation they shared. Mother died in 2016. Again, no will, no assets. Going through the vast amount of paperwork I've found, it appears that stepdad may have had…
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Insuring an unoccupied property after death of owner
Hi, does anyone have any experience of insuring an unoccupied property while waiting for probate and then for sale process please? Previous insurers of the deceased, Age UK, have excluded so many elements of cover that it has rendered the policy useless, ie the important things to me now are cover from malicious damage,…
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Advice on valuing my wife's estate against her debts.
Hi All, I am new to this so apologies if I appear a bit awkward. I am looking for help following the death of my wife 2 weeks ago. I have been through her bags etc., and collected all of the cards I could find, plus any post that has arrived for her during recent days. We have a joint bank account and also a joint mortgage…
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A few questions
Hello, My father died over the weekend. His friend is the executor and my brother and I the beneficiaries. It is a reasonably large estate (house £600k, savings and investments £250k) and IHT will be payable. We have been quoted £7k by "Simplify" to deal with the probate, which a solicitor friend tells me is far too much.…
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Pension advice
Hi, A pretty simple one I hope. My late husband nominated his estranged daughter to receive his pension in 1997 when he passed. We married in 2005 and he only just passed away this xmas. He has seen his daughter once since I've known him in 17 years. One of his pensions has just got in touch saying that he nominated her…
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Debts owed to deceased by beneficiary
I am the sole executor to mams will. One of the beneficiaries owed her £3k and never repaid it. Am I right in thinking that this debt should be deducted from his bequest and then redistributed to the other beneficiaries in the same percentages as in the will (excluding his %) Also, the same beneficiary filed for bankruptcy…
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Deed of variation to set up trust and recoup IHT
My Mum died 23 months ago, my Dad 12 months before that. Upon my Mum's death, myself and my 2 brothers inherited equally, having executed the will, sold the house, liquidated investments and paid the requisite IHT. The distribution has been made and the process completed. We used a solicitor at relatively low cost due to…
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Unable to locate co executor named in will
In case it's relevant the deceased was located in Northern Ireland I am named in the will for my mother as an executor, a second person is also named as an executor The will was written about 25 years ago In brief we have no idea who the second person is and the address that's given for them in the will no longer exists…
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Wills Trust Funds IHT question
My parents now both in 90s currently have mirror wills leaving everything to one or the other and then equally to children in turn when last parent dies However, dad has now realised this may not be the best option as mum has dementia. It is probably not the best option since the house is solely in Dad's name. Obviously…
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Maybe a silly question on probate but..
Sorry if this question has an obvious answer but Mother passed away only last week and i am dealing with the estate etc. My head is spinning a little. Matters are very simple. She has savings and a flat which she owns (albeit a small equity release mortgage on it). I am awaiting probate forms. There will be no IHT total is…
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Probate query
I have recently lost my husband and his Life Insurance company has asked for a grant of probate. Our wills leave everything to each other. In the middle 1990s my husband declared bancruptcy and to save us from losing our family home I bought out his equity in it. At the time we still had a mortgage which was in both our…
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Where is the Best Place to Store Your Will and Your Vital Information?
I found some solutions online and I was wondering what do you do. I like the one called AfterVault, because it checks on you and it does not reveal the information until you decide or you are no longer there. Do you use any service like this?
