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What do I do?
My wife passed away recently,there was no will we had no assets to speak of bank account mortgage etc in joint name's. Issue I have at the moment is a company called ,Phillips and Cohen are hounding me over a Barclays partner finance debt! I contacted them yesterday to make payment,the chap I spoke to could not help and…
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Best/most economical way to sell late fathers shares?
Hi, My father passed away last year, a solicitor has been involved in managing the will and distributing the estate due to slightly complicated relationships. The bulk of finances is straight forward, leaving a small selection of low value shares. The solicitor has stated that he can manage the sale but his fees would…
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Solicitors or Online?
Hi I have read the MSE advice on Wills and I am none the wiser which option is best. I dont have a Will and I have nothing complicated to put in it, but I would be interested of those people here which they have gone for. I have seen links to Which? Wills and Farewill, which all seem ok on paper? Any insight or advice…
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IHT with shared accounts, shares, property, life insrance policies and trusts
My father in-law passed away recently and left a will. We are going to apply for probate but I need to get an estate valuation for IHT. With the fall in the market all previous valuations are completely inaccurate so I need to get valuations from the date my F I-L passed away, I don't want to give a prior value which is…
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Any Barclays recent experience?
has anyone dealt with Barclays during lockdown? how long are they taking to deal with bereavement claims? (In this case under the probate limit). at what point do they close the account to stop deposits? On receipt of claim or only at the end when they’ve processed it? (I’m concerned about DWP pushing us over the probate…
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house valuation
Hi to anyone that can helpMy dad & partner were living as tenants in common she died in august last year her probate was done the valuation was £400k for the house my dad died in febuary and in doing the probate the house valuation was £525know what share does her beneficiary get is it half of the £400k or £525kthankyou
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Need a bit of help please
Hi all, I think I just need some clarification regarding my sisters bits and bobs. Here's the situation.... My sister passed away. She lived in a council flat and was the main tenant. I think my mum was a guarantor on the tenancy. She wasn't married, but had a boyfriend. She has a surviving parent and me as blood…
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How can we take ownership of parents house?
Hi, I'm desperately needing some good solid advice, as it's a minefield of conflicting information out there in the interweb! I'll try and keep our dilemma quick... My folks have always been adamant that they don't want to go in a care home and live in a small bungalow with a little holiday chalet on the same plot of land.…
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Solicitor or bank executor?
So, my sister passed away 2 days ago and we are sorting out her affairs. I got thinking about organising a will for myself. I don't want my family to have all the stress sorting out my financial side of bank accounts, debts etc...so I would rather get a proffesional to do the financial/legal as 1 executor and my family to…
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Probate question re: tenants in common
My parents property was owned as tenants in common. My mother died in December 2019 without a will, my father subsequently died in April this year. No action was taken between December and April regarding my mother's estate as all bank accounts were in joint names and she had no individual savings. My father has left a…
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Business websites still live
Sorry. I am not sure where to post. Feel free to move if needed. My husband died on the 3rd January at just 38. He was a business owner and his death was sudden. I am currently liquidating his limited company. Generally everything has been going smoothly apart from two companies who still have live listings for his company…
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Inheritance tax and life insurance
Can someone help? I have filled in an IHT form which is below the threshold. There was life insurance which paid out just after mum died. We used the insurance to pay for funeral and other things ie I lived and still do live in the property so we got some things done around the house which mum wanted. There was no will so…
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Benerficery to will
I received the news today that i was dreading. my best friend had died and as the solicitor was the executer to his will I have been names as the benerficery I have a question although i feel guilty asking this but the reason I was the benerficery was because this person wanted to help me as I'm living in temporary…
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Who actually owns what in this situation? (IHT question)
My friend is in the following situation (Let's call him Son A): Family consists of Father, Mother, Two Sons (A & B) . Family home is in sole name of Father and is still unregistered at Land Registry. Father's Will states that house left to Mother. Mother and one Son B continued to live in the house after the father's death…
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When can a Solicitor request payment for Probate
I am an executor of my late Aunts will, sadly probate has dragged out for a number of months due to 1 paragraph of her will being in a different ink. As such the Solicitor has had to do additional work in contacting 'potential' beneficiaries etc. I was of the understanding that they would only bill us once Probate was…
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Some advice would be welcome!
Hello, I would appreciate some advice because I know nothing about probate or wills. I've been estranged from my father (and his side of the family) for five years after he had an affair and left my mother for another woman (my mother then divorced him). There has been no contact between us from either side (I wasn't happy…
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Am I being unreasonable?
I am hoping to get some clarity on a difficult situation. I have spoken with a solicitor who has advised me to try other avenues due to cost and circumstances, but I still need to know if I have the correct understanding before I try to resolve matters. Background: My mother died in 2011, she left her house to me as her…
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Tax Implications
SpikeLloyd said:My parents want to pay for an extension on my home so they can live with me if needed. Are there any tax or inheritance reasons while they are still alive or afterwards?
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Couple of quick questions - straight forward affairs husband/wife situation
Hi An elderly relative has passed away and his wife has asked us to help her with arrangements and paperwork etc. Situation - he's passed away, his will leaves everything to his wife and her as sole executor, am I right in thinking that in this situation probate won't be needed and she can do everything herself, presumably…
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IHT421 stamped by HM Revenue & Customs?
Hi All, I am going through a probate application. I submitted the IHT 205 document before xmas and I got confirmation that it had been processed. I then sent the Will to them and another form that was requested via the online process (can't remember exactly which one). I have recently got the following message, does this…
