-
TRS registration completed. Concerned about lack of relevant questions.
HelloI have just registered on TRS, as the two years was up at the end of December. Father passed away Dec 23 leaving a IPDI trust allowing my mother to coninue living in their house that they owned as tennants in common. I entered the beneficiaries, Mother, Brother and Myself but the form never asked me what type of…
-
My experience of DIY Probate
Hi I thought I'd share my experience of applying for probate online for anybody in any doubt about doing it themselves. If you've a simple probate then I can see no reason why you would pay an expert to do it for you, so give it a go. This is the first probate I've ever been involved in. I had already created the probate…
-
Uncashed cheque: binned by mistake
Hello All. As always, I return to this forum when I don't have anywhere else to turn to. Right now, I’m
in an absolute state of complete anxiety. I didn't sleep last night!
I’m totally frozen! Help!!! I was tidying up the folder as it was long
overdue, shredded junk mail and general rubbish, or so I thought.
Then realised…
-
Calculating IHT/Probate value on death of remaining spouse. Gifts from surplus income.
Sorry for asking this question as I suspect it has already been answered in previous posts, but I am struggling to find a concise answer. My dad passed away in November, leaving all his estate to my mum. The IHT/Probate calculation was relatively straightforward as the estate fell into the "Excepted" category. However he…
-
Will v No Will
Asking on behalf of a friend. What are the major differences between somebody dying with a will v dying without a will in respect of cost and time taken to apply for everything? Assuming the deceased is widowed, no house to sell and has two adult sons who would split the estate equally. I can’t really see a great…
-
Power of Attorney not registered before mum died but money still taken - help
Hi I'm at a loss with what to do next, we had just completed my mums power of attorney and paid the fee, when she died unexpectedly. The office of the pubic guardian have refused to refund the two POW payments, which were paid on Friday 28th Nov, even though my mum passed on Friday 5th Dec. Nowhere near enough time for…
-
Amending probate value? House damaged during administration period before valuation
Hello, my first post here. I have not needed to post before because I have gained so much useful information from this forum during the two years since my Dad's death. Thank you to all those who have posted the information that has helped me navigate what needed to de done post death and to obtain probate (Letters of…
-
Winding up of estate: retaining financial records
I executed my uncle's will almost three years ago. Since a fairly rapid probate, all minor debts and taxes have been long paid and the estate distributed. I have retained a pile of paperwork to do with my uncle's savings and investments plus valuations at the time of his death. How long ought I to wait before shredding…
-
Date on WILL. It is a problem?
Just a quick question. Just storing out paperwork, will, getting ducks in a line, etc. Notice the date is a little wrong in terms of the extra 1 in front of the 13 because the pen didn't work first time, didn't think much of it, but now I do. It is worth doing this again, or will it not make a difference?
-
Inheritance tax
If a property is worth £500,000 and will be left to 3 siblings would there be any inheritance tax to pay.
-
Care Home Fees
My Mum has been in a nursing home for a number of years. The debt now outweighs her assets. Her flat has a charge so is being currently sold. My question is: How much money can be left in my Mum's estate, that the care home or local authority cannot touch? I have been given figures ranging from £23,000, £14,000 and Zero.…
-
LPA, joint account, authorised user, or other method to help manage parent's bank account?
Background: My father passed away recently, leaving everything to my mother. I was a named executor on the will and I am sole administrator on the probate certificate. As a result of my father's passing, my mother has inherited a significant amount of cash from various ISA's he held, Premium Bonds, the sale of his car,…
-
NS&I Account balances timescales
I've applied for this information, any experiences of how long they take in working days? Do they sometimes request more information ? TIA.
-
Distribution to beneficiary
Finally managed to get probate and have collected assets into exec account. Process made very difficult by other executor who is also beneficiary entitled to large cash legacy. I'd like to pay the legacy and want to make sure I protect myself. The exec account doesnt support cheque payment but I can get the branch to do a…
-
Calculating inheritance tax in an unusual situation
* A married couple lived for many years in a house that was actually owned by wife's brother. * The brother died and left the house to his sister (the wife in the couple) but she died two years later before the house was actually transferred into her name. * The wife's estate was worth £750,000 and via intestacy she left…
-
Inheritance dependence nightmare
Hi all I will try and keep this short - my dad recently passed away. his will was outdated and detailed his girlfriend being allowed to stay in his solely owned property for her lifetime provided she maintained it. the property mentioned in the will has been sold and another property bought in my dads name. We have looked…
-
How do I find my own will
I have a copy of my own will (I’m alive) but the solicitor that had it has gone into liquidation some year ago. I’ve been through the filings on companies house and it mentions a few companies that took on WIP and debt collection. is there a process that they follow for passing on old paperwork like wills and deeds? is…
-
Adding two trustees
Not sure where to post this! I just want to have an idea how much a solicitor will cost to add two trustees to an IPDI trust. Having done some research the quotes seem very high. Have asked my son’s conveyancer whether he can do it and was told he will refer me to a colleague. Can anybody advise pl? Thanks
-
Executor Conflict of Interest
My Father died in a house fire in January 2024. After Probate was declared in June 2024, two of my Brothers were appointed as Executors. They and one other Brother along with myself are residual beneficiaries. The Will states the Executors actions are subject to STEP edition 1 apart from needing to consult all…
-
Probate Advice
Hi, a family member has passed, she has left monies to six family members. She has a will. £157,000 she has left. I am named as the executar aswell as my mother. Ive had a look through the process, it seems fairly straight forward as no, property or other assetts. She just has a normal bank account. Will inheritence tax be…
