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IHT - HMRC calculations
Hi everyone, The final amount I am waiting from is the HMRC calculation of what is owed. I have an amount that was being paid back that is owed Tax on interest earned from Bank accounts that is owed An adjustment from tax paid on private pensions which may result in a credit. Can I overestimate the amount owed to HMRC for…
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More IHT 403
Sorry to add another question about form IHT 403, however a simple question really. On page 8 under Ref.20 (Income) what does "Annuities (income element)" mean by "income element" ? I have recently used my SIPP to buy an annuity which in my mind is income (taxed of course) so have included it in this box. Is this correct?
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Capital gains
Mum died 2018, she had about £300 worth at the time of shares with Lloyds . My sister lost the shares certificates and it cost more than they where worth to change names etc we inherited all her estate and were executors. We still receive dividends in our names as executor of my mum. Very small amounts , are they classed…
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IHT400 & HMRC Response Times
I'm having a big issue with the IHT process. I posted the forms first week of August via Tracked Delivery, it did not show delivered and a few weeks later HMRC still said they had not received it. So, I sent it again via Special Delivery as they suggested to do so - and have the same problem again. It's not shown as…
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Unusual Probate Scenario & Estate Advice
I write with the hope that someone out there might be able to help nudging me in the right direction. A few weeks ago, I had a Policeman knock on the door to notify me that my Uncle had been found dead in a hotel in France. I was very surprised as it was completely unexpected. I was more surprised as both my father and his…
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Probate question
Hi, newbie forum member here. My Dad passed away earlier this year. He left a will which left everything to my Mother. Most things were in joint names, they were joint tenants of the house. So everything was transferred without probate being asked for until I come to sort out his premium bonds where I have been asked for…
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C1 Confirmation please help a newbie
I have been trying to complete C1 confirmation on behalf of my late Mum, I have been assigned as the Executor after my Step Dad resigned as he is blind, grieving and elderly. I have already had one refusal from the courts and am desperate to get it correct before I resubmit. The first was sent by post but I am considering…
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unborn great grandchild
My mil recently passed and her will states to "pay the sum of ten thousand pounds to each of my grandchildren as shall be then living and attain the age of 21 years". Since the will was issued 1 great grandchild has been born and 1 is to be born in march. Are the great grandchildren benificiaries or do they need to be…
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Probate - solicitor named as Executor on Will.
Good Afternoon. I started selling my mother’s flat in January this after she had been seriously unwell in hospital for a few months and it transpired she wouldn’t be well enough to return home again. The condition she had was very serious with no treatment. She had to go into a nursing home before Christmas since ended up…
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Wills and Solicitors
Should we have a Solicitor as an Executive of our Wills?
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Capital gains tax
We instructed co-op to manage the probate for our late parents. In the contract it said they would deal with all the tax including cgt. There was a property that was sold and they did not inform hmrc it is now over 60 days and they are saying that they can’t deal with the cgt as the house was left as a specific gift in the…
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How to show large numbers of regular gifts from income on IHT403?
Mum died in July and even though the inheritance tax calculator says there's no IHT to pay thanks to the transfer of dad's NRB and RNRB, I'm having to do IHT400 as her estate is over the 625k limit. (Initially applied for probate online without IHT400 based on guidance on .gov, but received a barely intelligible email from…
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Issues with online probate application
Finally, after weeks of waiting, a co-executor that I have named in an online probate application has now been contacted by HMCTS a day or so ago. However he was asked to make an application for probate himself, which he has done, but this now means we have both made an application for the same thing, whereas I thought he…
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Should it be taking this long to get probate started?
Its been 2 months now since my father passed and I don't seem to be anywhere near getting probate started with my solicitors. They have given a long checklist of information I need to gather for them so they can start the IHT and probate process for me (estate is valued over 650k), I've done them all except for finalising…
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Deed of variation
Hi, We want to make a Deed of Variation to the Will in order to gift a sum of money from the residuary estate to a family member not named in the original Will. There will be no change to IHT or CGT position and both existing beneficiaries are happy to make the change. I have…
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C1 Confirmation form (declaration) help required
Hello, I’m in the process of applying for Confirmation, but I’d love some assistance on the wording for the declaration. This forum was so helpful in getting me this far, so thank you. However, my first attempt was rejected because (exact wording from the court letter): “The familiar relationship between the executors is…
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C1 Confirmation Form
I’m looking for some help. My grandfather recently passed and had a will. In the will he named my mum (pre-deceased), me and my sister as executors. My sister lives abroad and had not taken anything to do with any of this. I do not know how to fill out her address (unknown) and what to say in box 2 and 3. Box 2 (currently)…
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Relatives have died intestate, probate dragging on.
Unfortunately I do not know how this all works so here goes. My uncle died intestate at the end of April 2024 so everything passed to my Aunty, then sadly she passed away at the end of October 2024 also intestate, she had Alzheimer's. I spoke with the solicitor, who was originally dealing with my Uncles estate and thought…
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Incorrect DOD property valuation mistake
Hi all, I've phoned the HMRC CGT tax office and spoken to the Probates court and am still stuck on what best to do. When my mum passed, 2 months ago, I stupidly used the valuation which the mortgage company had provided in a driveby valuation prior to death (unsure how "prior" to death it was). I thought it seemed…
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DWP asking for weeks pension payment after death
My mum died in January and I have had a letter from the DWP asking for 1 weeks payment of pension that was paid after mum's death.I didn't notify the DWP of mum's death immediately as I was told this could be done with the tell us once service which I did as soon as I could but there was a delay in getting the relevant…
