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Who can probate the estate?
Hello advice needed please, my dad passed away 2 years ago in India, his Indian wife provided me with the death and marriage certificate a few months after his death. I placed these both into one of our local solicitors in the high street with a list of bank accounts, car registration documents, share information, contact…
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Joint accounts and IHT
Apologies if this has been asked before! I have been lumbered with doing the IHT and Probate forms for my late mother-in-law and an argument has arisen over the treatment of a substantial deposit account set up about 20 years ago in the joint names of my wife, her sister and their mother (who provided the capital). My wife…
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Second transferor
Five months down the line and with no sign of the probate office even looking at my application let alone granting probate I need to appoint a second transferor for the sale. There is no family who can do this so I have to ‘sell’ the task to a friend. There is no problem finding someone willing but I want to ensure they…
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House clearance strategy
Hi. I am moving on to the next stage in things and need to get the house cleared pre sale. I’m getting so much conflicting advice (mainly from people who have never done it!) so I’m hoping for tips from those of you on here who have been through this before. It’s been variously suggested that I should get a skip, let…
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Scottish law and inheritance
Just looking for information as my uncle was not very clear on it. My grandad sadly died last week and I have been told by my uncle I was in the will for x amount but he then mentioned that since my mum passed away 2 year ago I would be able to claim this. I assume from Googleing it something to do with the 2016 Scottish…
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Residence nil rate band
My father died in November 2016 and he left his home to me and my sisters. The property was sold in May 2017, which I believe is after the introduction of the residence nil rate band. Does this additional nil rate band amount apply from the date of sale (in which case I think we can use the nil rate band) or from the date…
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Claiming inheritance
I have recently received a letter from my fathers solicitor who dealt with his estate when he passed away in 2016. There is unclaimed funds within a bank account/savings ( unknown ) that the bank have written to the solicitors asking for further info. I was obviously unaware of this, I have phoned the bank and they have…
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Mother's IHT & father's unused Nil Rate allowances. Problem. -he died 2008. Probate was never done.
My father died in 2008 leaving (in a mirror will) everything to my mother. No IHT205 nor Probate was done
(as everything was in joint names, no Grant of
Representation was needed). My mum died 2020 (covid related). I wish to claim his unused Residence Nil Rate Allowance. But the IHT436 form for this asks questions that…
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Personal belongings
Looking for some ideas, I'm an executor and I'm a little bit stumped on the best way to share out the personal belongings.There are four of us and about ten items that need dividing up.Any ideas will be greatly appreciated.
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Enhanced IHT allowance for property - rules?
Hi all, For the £500k enhanced IHT allowance (i.e. £325k standard allowance and £175k additional for a main property), a couple of questions: 1) Does property ownership physically have to transfer to the children/grandchildren for this additional IHT allowance to apply, or can it be sold by the executors and the proceeds…
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Trying to avoid a probate IHT mess...
Hi all It's my first time as an executor, and first time posting on this part of the board. Lots of detail that I could go into but I'll spare you unless there are any specific questions you need answered. Key points are - Only asset in the estate for the deceased "A" being administered is a property, worth probably…
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Advice please: division of inherited stocks and shares ISAs
Probate has been granted and there are two beneficiaries - siblings, one of whom is the executor. Is it possible to divide any stocks and shares ISAs into two equal parts in each beneficiary's name or do they need to be liquidised and the realised money shared equally? I'd be grateful for any guidance from those who have…
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Probate Application: Ex-wife still on will
Hi All, my Dad recently passed away and his latest will was written whilst he was married. He divorced 5 years ago. His ex-wife is listed as first executor and all the others have since died. As his ex-wife cannot apply for executorship (following the divorce) I'm not really sure if I need to list her as 'an executor not…
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Money gift from dad
My father has a life limited illness ( cancer ) He wants to give me £20.000 as a thank you for all I do looking after him, my sister told him this could cause problems after he passed with probate.I have researched this on line. Tax threshold – currently £325,000. My dad does not have anywhere near that.I've also read that…
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Confused by Inheritance Tax Estate Report- Help Needed Please!
Hi, I'm in the process of completing an inheritance tax report for my mum's estate and it's proving to be more complicated than I anticipated. I would be very grateful for any advice. I've outlined my main questions below: * The form states that we have to declare my mum's share of the property that she owns jointly with…
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Trustee bank accounts! HELP!
Good afternoon, I have recently been appointed as a trustee (along with another professional) of a residential property that my children have inherited after their father passed away. The property which is in trust now for my children will be generating rental income and I need (so I have been told) a "trustee bank…
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Would appreciate a answer
To cut a long story short I've used this site before to post my story which you may find on my profile (to much stress to explain in detail). I finally got my brother to get round to dealing with my fathers WILL, but now there is another hold up, it turns out my father was claiming benefits when he was not suppose to be as…
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Brother-in-law died, no will, no up to date paperwork, no state pension, loads of bills!
My brother in law died just before Christmas in his home which could only be described as a hoarders house. We didn't realise how bad it would be but as he never really allowed anyone in then we should have guessed. The problems we have are several. From what we can gather he never claimed his State Pension, he didn't…
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Writing a will after a divorce using Which Will service instead of a solicitor.
Hi, Just got divorced and now need to write a new will. There is already a will in existence which was written when I was married and is stored at a local solicitor. I understand that will is not necessarily cancelled and I want to use Which's Will writing service instead (https://wills.which.co.uk/). Simple question:- do…
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Inheritance and Self Employed Tax Assessment
My father passed away in 2019 and I am doing my self assessment for my taxes for that year as a self employed individual. Does anyone know if you need to report to HMRC the money you have received from a parent passing from their savings/property? My sister was the sole name on the probate as she was in England and I was…
