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IHT gift exemptions
I've been researching all matters probate to see what my children as my executors would face. I thought I and they could ignore IHT concerns as my estate will fall significantly short of the IHT threshold even before the RNRB allowance. Meanwhile I make annual cash gifts and if I understand the guidance and form IHT205,…
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Capital Gains Tax
Hi I have a question on Capital Gains Tax that I hope somebody can help me with. I have recently been diagnosed with terminal cancer, so, while I am still trying to get my head around the diagnosis, I am trying to ‘get my affairs in order’ while I am still fit enough to do so. I have a straightforward will (no trusts or…
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What is the very very cheapest body disposal option after death?
And I really do mean the cheapest - no funeral directors involved, no ceremony, no paid-for cars, no coffin, no cremation, no burial. The very very cheapest option. For example, in the extreme could my body be put in a bin bag and dumped at the local waste centre?
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Advice sending a Will to probate
Hi there, I’m currently helping my parents with a difficult issue relating to the Will of my father’s grandmother which never went to probate. My father is one of two benefactors in the Will along with his brother. Their grandmother died in 1995. Neither my father or his brother are executors of the Will. My father’s…
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Damage to gravestone
I've just been advised by the church that my relatives' gravestone has been damaged. Looking at the damage, it looks like something has struck the base of the stone (something about the size of a lawnmower, maybe), and cracked the base in 2 places about 18 inches apart, and then these cracks have carried up vertically into…
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Notifying DWP
Have been assisting an executor to carry out a will and arrange probate online (as whilst they are savvy, they aren't internet savvy), also helping out paying bills and other stuff to get the estate in order and helping out ensuring they are meeting their obligations as an executor. Is the executor expected to notify DWP…
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Probate granted, but IHT still owed - can I distribute assets ?
Hi I’m in the process of administering a relative’s estate and due to it being all property, which we do not want to sell, we have agreed to the HMRC 10-year payment rules and have been granted probate? I’m now receiving mixed messages, from an accountant and lawyer about whether I can distribute the assets (property) to…
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Council bill for care arriving after death.
I have asked for advice on here a few times since my Mother died and hopefully this is now the last time I will need to ask for it as everything else is now pretty much sorted. She had some care during the last few months of her life, which helped take some of the pressure off me all the time and allowed me to be more a…
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Free Will cost us over £500
We opted for free Wills in support of a charity as they are simple and straight forward ie mirror Wills, no trusts or other complications. We were advised to severe the ownership of our house to become tenants in common, which we agreed made sense. We also have a rental property (already owned as tenants in common), which…
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Partial estate Distribution (cash in bank account)
I am sole executor a late parents estate, it will be some time before I can finalise the estate as I have to sell the house. However am I right in thinking that I can partially distrubute some of the cash held which I now control? I will only distribute some of the cash (under 50%) and I plan to retain more than enough for…
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So confused :( IHT and probate
Hi all, apologies for the vague title, I'm just a little overwhelmed! My father passed recently and my sister and I are joint executors. The estate is worth over £325k but the nil rate residency allowance would mean that no IHT would be payable. I understand that I need to submit the form as if IHT was payable, accompanied…
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Inheritance question
Inheritance question Hi. I have a friend (no, really I do). Her father passed away leaving his assets to his daughter and her half sister (they share the same mother but her father and mother split a few years after she was born and the mother remarried and had another daughter. My friend is the mother and father's…
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Not wanting an inheritance
One of my neighbours has a poor relationship with her only son ( her only child) who is an adult and married. She said to me that I could inherit her house if she dies before me. I do not want to be dragged in to such a situation which would be sure to result in my having big problems down the line with her son, who would…
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Online probate, I am puzzled
I am in the process of filling out the online probate application ( yes we do have to ). My sister and I are named as executors on my Dad's will. I have got to the bit where it asks if my sister will be applying for probate. I don't know if I have got the wrong end of the stick here but why would more than one executor…
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Contentious Probate
Hi, I have been roaming the internet to find my way and it is looking quite grim at the moment. My mother passed earlier this year and my sister and myself inherited 50/50 on her estate and we are both executors and beneficiaries. I have lived all my life with my mother and only moved out when I got married but still live…
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Making a will - advice
My friend is 70 and in an unhappy marriage with her husband who is 71. They have been married for about 21 years. She wishes to make sure that when she dies, her three children from a previous marriage benefit. I have told her she must make a will. The house is in her name only, however her husband paid the mortgage for a…
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How to value shares when distributing an estate when they transferred to one beneficiary.
My late father's estate is being shared between my sister and myself. I am the sole executor. I have obtained probate and am collecting the monies and distributing them. I have bought out my sister from her share of the house ( it is complicated as I already owned 50% as tenants in common with my Dad) We have agreed that I…
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Great Uncle demise
A colleague of mine believes his partner may have a claim on the estate of her great uncles after his recent demise. They have had little or no contact with this relative for many years as far as I can gather and have no idea where to start. Could any kind forum members advise please ?
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Credit Card holder death.
Hi, I administer a credit card on behalf of a loved one who is incapable of doing it themselves. However, they have now passed away. £158 is outstanding on the credit card. Can I just pay it and let it come out of the deceased bank account. The account has not yet been frozen. Or should I just pay it myself out of my own…
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My husband died without a will
Hi My husband died on 3 weeks ago without a will and i dont know what I should do. He hasnt got any assets either, we dont own our house and i can only find credit card statements with debts on. He didnt have any savings. Do i need to get a solicitor, although i cant actually afford one or is this a process I can do…