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living in house inherited by several memebers of family
Father owned own home and lived with one of his 4 children. Father died intestate so each of 4 children inherits quarter share of house, one child has died so there share split for their children. Children agree that daughter that was living in the home can live there for rest of her life, she will be responsible for…
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larke v nugas
my aunt and her new husband made mutual irrevocable wills....they were 83 and 78 respectively when they made them. My aunt went into a nursing home with dementia and died aug 2016 he died nov 2016 it then came to light he had made a new will, to which the probate office say the mutual irrevocable wills should override the…
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Deceased lived in house left in trust(?) 30 years ago -how to sell?
A relative has recently died. She has lived in the house of her ex-husband who left it to his children and step-children 30 years ago, but left her the right to live in the house for the remainder of her life.. She (recently-deceased) therefore did not own the house. What process is now needed to sell the house and…
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Inheritance tax: residence nil rate band (RNRB)
Just wondering if anyone understands how this works? From my very limited basic understanding it will benefit an individual's direct descendants such as children or grandchildren if they inherit the individual's home or a share of it. An estate will be entitled to the RNRB if the individual dies on or after 6 April 2017.…
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Suspicious
Hiya My wifes aunt, unfortunately passed away yesterday. She was 85 and unknown to us she had been in hospital for two weeks. It now appears that a 'friend' was Power of Attorney, financial & health. This has come as a shock to my elderly father in law and his other sister. This married guy was her late husbands colleague…
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Avoiding Some Probate Costs
Given the alarming rise in probate costs, would it not be sensible for an elderly (at least) couple to ensure all assets are jointly owned and to leave everything to each other to avoid the first death probate cost by not needing probate If they wish to give some money away on death, they can let their spouse know and…
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Beneficiary rejects gift in will
My widowed, childless, uncle has recently died and my brother & I are his executors as per his will. He left his estate, which falls well below IHT limit, to be divided between myself, my brother and my elderly father. My father has decided he has no need of the cash and he wishes it to go to his two adult grandchildren…
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No probate
Hello I am a little lost and was wondering if anyone has any advice. My late father passed away recently! He had cancer and he got married when he was very unwell! (1 year before he passed) My father made a new will stating that he wished to leave money to myself, the new wife and his grandson. At this point he stated 3…
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Where to look next ?
Hi I wonder if anyone can help as it's proving a difficult one…. My grandfather died recently and amongst his papers he'd scribbled a small note about the liquidation of a company called "Hatchards Associated Industries" on the 20th April 1953 at 3:10 pm at Hogg Bullimore & Co. in London and nothing more which was…
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Cost of Will that mitigates IHT liability?
This is a 'how long is a piece of string?' question: What would be the typical cost of getting a solicitor to draw up mirror Wills for a couple that included advice as to how to minimise an IHT liability? Estate value would be above the £350k x 2 but below £1m. I know the rules are changing, but just wondered about the…
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Leaving house shares to charity?
Hi all - first time poster! I'm looking for advice on a matter that's started to arise between my mother and aunt. They currently hold (what I believe) is equal share in a house - the home I currently live in with my mum and brother. My aunt lives elsewhere. We're trying to plan ahead and sort out my mum's will. She wants…
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Duties of a named next of kin
I am just wondering if there are any duties or responsibilities associated with a next of kin to someone who died. My mother and father had been visiting / looking after my father's cousin for a few years (doing his shopping, laundery, running his errands etc), about a year before the cousin's death he was admitted to…
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Unequal house ownership, 2 divorcees, declaration of trust, children to inherit
Hello I am planning to purchase a house jointly with my partner. I am enquiring about the use of a declaration of trust, or any other method, to apportion the ownership of a house we want to buy between myself and my partner, which will be initially unequal as I am retired with low income but have capital for a deposit of…
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Mum's debts now she's died
Hello, My mum has passed away recently. She has around £200 in her bank account and that is her estate. This is now frozen. She had, from what I can see, around £2000 worth of debt from different people. I have found a website which has a template letter to creditors.. And my plan is to send them that letter. But my…
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Council tax after probate
I have been left a property which has a "shared appreciation mortgage" outstanding which needs to be cleared. Property is to be sold. It seems i have only 6 months from being granted probate until i am liable for the full council tax even though the property is unoccupied. Class F exemption "A property which is unoccupied…
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Understanding a will
Hi. I have a uncle in hospital who is terminally ill and only has a few wks to live. He's always told me and my partner that everything is left to us and as asked us to sort his funeral etc.on emptying the house today we found his will (he told us to find all the paperwork and keep it safe) . On reading it , it actually…
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Dealing with debts
Sadly my mum passed away a few days ago. I will be acting as executor on the estate, which amounts to a house (worth maybe £40-50k in current condition, that she wants to leave to my sister) and insurance policies worth about £42k, after deducting funeral and other costs. She also has secured debts of £26k, and unsecured…
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Which debts do I pay
My father died 2 months ago and has left some debt, credit cards and loans. His house was owed and has automatically gone to my mum. He had his own bank account with a small sum but not enough to cover all his debt, he left no will. My question is how to decide which debts get paid, will I need to apply for probate. His…
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Probate valid appearance after caveat warning
Probate/caveat/appearance Hi all, i understand the process for raising a caveat and issuing a warning, but have a question about appearances. My specific situation is that my Dad's will leaves the estate to my sister and me in equal proportions. We are the only children. Originally my sister and I were joint executors.…
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The Great Hunt: Help others if you've been an executor of a will
We're after your experiences and tips to help inform a new guide we're writing. Did you have to deal with probate? What did you learn? What do you wish you had known at the time? Thanks in advance. [purplesignup][/purplesignup]
