-
Right to Buy home owner deceased- advice please
Hi All, My mother purchased her council house almost 4 years ago under the right to buy scheme. There is no mortgage on the property as she was able to buy with some inheritance left to her. Unfortunately, she has now passed away, she was in Nursing care for the last 18 months of her life and we are waiting for final bills…
-
Advise about tax avoidance on assets that will never be realised.
I am an executor and beneficiary of my late mother's estate. I own my own home but have no real cash after paying the mortgage each month or savings. We submitted probate but the final tax amount is still not resolved. My mother had 50% interest in overseas assets of land that can't be owned by a U.K. Citizen. There will…
-
Can the will be contested
I am executor and sole beneficiary. Probate has been granted. My relative's step family have been asking where they stand and I've told them but they've now asked to see a copy. I've given them the link to download as it's now in the public domain. The will was made in 2014 and if I had died then everything was to go to…
-
Net Value of estate
My mums probate shows "net value does not exceed £110,000" Executor won't give details at this time. Her house is worth in the region of £260,000, she had few if any debts apart from a mortgage, £30,000, so I can't understand the big difference. My late dad was a tenant in common and the house is still recorded to be in…
-
Increase in Probate fees in the Budget 2017
http://www.dailymail.co.uk/news/article-4299384/Death-tax-stealth-rake-1-5billion.html Currently, families pay the Government a set £215 fee, or £155 if they apply through a solicitor, to get permission for probate – the legal authority to distribute someone’s property, savings and investments after they die. But fees are…
-
intestacy rules
Hi, My wife's mother's cousin died a couple of weeks ago. She survived her late husband by approx 12 months and they had no children. They were both in their eighties, hence no parents and there are no surviving siblings. They lived in the West Midlands. We know that there is no will, and the only relatives are my wife's…
-
Tenants-in common and property deeds
My father-in-law recently died and in his Will he left his share of his house equally to his son and daughter as tenants-in-common. The other half of the house remains with his spouse. On checking with the Land Registry he made the tenants-in-common agreement in 2009 when the property was Leasehold. In 2011 he bought the…
-
Contested probate
Hi. My mother very recently passed away. She left a will that was only drawn up in late November-- just a couple of weeks after my sister turned up on her doorstep after years of not bothering with mum or any of our family . Naturally we a a bit suspicious. The previous will said that mums house would be left to me and my…
-
Council tax while probate is pending
I have just been told that I am liable for council tax on my late father's house even though probate has not been granted yet. Is this legal? The council have said I cannot have an exemption as once probate is granted the property passes to me. I didn't think they could charge me until the property is legally mine - any…
-
Death of Joint Account holder
My Grandfather recently died, leaving his estate split broadly between grandchildren and my father. My father had 2 joint bank accounts with my Grandfather, one savings and one current; both set up for ease of managing finances and paying bills. My Father has been told by the solicitor that as the money was deposited…
-
Advice on Credit card debt please
Hi I'll try to keep this as short as possible! My mum and dad made their wills in October last year, good job really as mum died in November and dad died in January. Myself and my husband are named executors, almost everything is sorted out, although we had a slight niggle with a credit card company. They both had separate…
-
Unregistered with solicitor
Can someone please give me advice regarding my brother-in-law's predicament? In April 2015 my sister-in-law died and she and her husband had made a joint will before my sister-in-law died. My brother-in-law's predicament is that due to all the stress, upheaval and pain of his wife's death he has completely forgotten to…
-
Anyone here well versed on Financial Charges?
In relation to my first post about IHT. The flat which was left to my siblings and I has a financial charge, imposed by a court many years ago. The owner, who recently passed away and left the flat to us, owed £5,000 for works carried out which essentially went bad. The charge needs to be lifted so we can sell. Are we…
-
Costs of distributing assets
I'm acting as executor in my mother's estate and I'm nearly at the point of distributing the funds. Four of the beneficiaries live overseas and they want their share of the estate paid in their home currency. Does anyone know if I'm under obligation to do that and, if so, how I should treat the costs of converting and…
-
administrator- but not next of kin
my brother recently died and did not have a wife or children, he died intestate, no will. the estate is probably going to be around £500,000 . my very elderly parents are next of kin but don't want to be administrators-as the only other family member can I do this as his sister? I've already been with copies of death…
-
Will, monetary gifts, estate
Hi I'm looking for some advice please. My husband's father recently passed away and his will states that his estate is to be split between his three children. He had about £100,000 in total on his death. However, his solicitor has asked for us to tell them about any gifts or loans he made to us in the last seven years. He…
-
Receiving sympathy card from someone they fell out
A friend lost her husband last week. She received many sympathy cards all with kind, thoughtful messages. One of the cards came from another friend who she fell out 5-6 years ago and sent it when heard his death. The card made my friend even more upset. It opened old wounds. Plus the message she wrote was awful and…
-
Will for a 19 year old uni student
I'm a bit of a stickler for always keeping my will up to date. Husband thinks I'm bonkers - he doesn't even have one, but don't get me started on that. I'm just looking at doing a PoA and looking at my will. Is crossed my mind that my daughter doesn't have a will. When she turned 18 she said how to go about it, knowing I…
-
Sticky thread?
Do we have a PoA thread which maybe has a list of things to consider? I've tried to find one and wondered if you could remember one - or even point out I'm on the entirely wrong board:rotfl: Thanks
-
Making a WILL
I am making a WILL with a solicitors this month and would like my Assets list included in my WILL to make it easier for the Executer of the will but the solicitors have sent me a draft copy of the will and they have not included my assets, they say they will add something attached to the will showing my assets list but why…