-
Inheritance interim payment
Hi I have no clue as to request an interim payment from inheritance. To request from the solicitor/executor. I am unsure as to how to word it. I don't want to appear, pushy Is there an example template i can use. Many thanks
-
How to sign if you can't sign?
A close friend has asked me to help them prepare powers of attorney as I have recently done them for us. The problem is that he is now severely physically disabled and cannot use a pen to sign anything. There is some arrangement in place that allows a family member to sign cheques etc but this is limited to the one bank -…
-
Deed of Variation
I have an inheritance. I wish to complete a Deed of Variation for three people. I wish the amount I leave to each person to differ as once person is more in need with children. Does one person necessarily be shown what the other person is receiving. Is the Deed of Variation one form or can it be two individual forms?
-
C4(S)Scotland Fee
Hi, I have completed a C4(S) Scotland form for additional assets omitted from the original inventory declaration. This is simple and I'm doing this myself. No change to Estate Tax situation. I've tried contacting the Sheriff Clerk department where it's being sent to but I can't find an answer to what fee I pay, if any.…
-
claiming relief from 1st death items on 2nd death IHT400
I am completeing IHT400 for my father who survived my mother by about 3 years. Everything was left to him in my mothers will except for a few small UK charity bequests and at the time we only applied for probate for my mother without needing to do IHT. 1. where can I now enter figures to gain tax relief for my mother's…
-
Missing weeks of State Pension
I am executor for my Dad who died on 23 July. He had been receiving SP every four weeks, the last such payment being received on 4 July. In the ordinary course, the next payment would have been on 1 August, however this was not received due to my promptly notifying the Tell Us Once service of his death. My question: is…
-
8 years to finalise...
Im a residue beneficiary of my grandparents will. They both sadly passed in 2016 and only now the estate is being settled. After several requests of the will file and ongoing estate accounts, the main executor has not been forthcoming with information or communications and I have concerns over the accuracy of the estate…
-
Co-op Legal Services – Probate Delays After Grant Issued – Anyone Else?
Hi everyone, Just wondering if anyone else is having/had major delays with Co-op Legal Services in handling probate? I’m both executor and beneficiary of my late nan’s estate, and Co-op Legal have been dealing with it. The Grant of Probate was issued on 13th March 2024, and they confirmed they received the copies in their…
-
How to obtain a completed IHT205
Mum died back in 2001, and there is now an issue with a trust and an estate. I need to obtain the IHT205 that was submitted when she died (Dad is still alive). I'm going to sit on the phone to HMRC tomorrow morning, but I have no idea what to ask for. So an advice would be good as I've been told this can be a long drawn…
-
Recovery of overpaid benefits from estate.
Hi, I am looking for some advice on DWP and recovery of overpaid benefits. I am the Executor of the estate of one of my relatives. They had around £60,000 in cash in bank accounts at the time they passed and also owned a property that they lived in worth around £200,000. Inheritance tax is not an issue. Since their passing…
-
Solicitor dealing with probate has now asked for me to become executor.
Afternoon all, Some advice needed please. My solicitor has asked me to sign a Statement of Truth document. He explained that its needed for me to become an executor for the estate. The thing is that I don't want to become an executor. My brother and I were children when our Dad made the Will and he named a solicitor firm…
-
Why no Class F exemption for council tax?
After mum passed, I informed the council and they said there would be a 6-month grace period during probate (which I've just applied for). Yesterday (4 weeks later) I received an email from them asking for the name/address of the executors for future correspondence. I gave mine and my sisters name, and mum's home address…
-
Gifting to son, 7 year rule question
I hope you can help with some suggestions. We put money aside for university living expenses for our two sons. The elder went to university and used up his funds. These are now outside the 7 year rule. The younger hasn’t gone to university so we are gifting him his funds. The funds are in my name. My question is if I die…
-
Executors' responsibilities
To what extent are executors duty bound to maintain a property in good order during the course of probate, even if probate has been ongoing for an extended period of time?
-
Making a large gift and IHT implications?
I plan to leave my niece, £200K as a large gift while I'm still living.I'm aware of the 7-year taper relief rule affecting this should I die before 2032. Would this gift adversely affect me if I continued to make the £3K yearly tax-free gift allowance?... and would it leave me open to being taxed?
-
Tax implications?
My mother recently died after being ill for a number of months and at one point we thought that a nursing home was the best option. She had £42K in Premium Bonds and about £7K in her current account, so it was decided to withdraw £20K from Premium Bonds and split money between my sister and I. What are the financial…
-
Buying out an Interest in Possession Trust
Hi all, I am sure some will remember my situation. Mother died leaving her half of property to me but in IPDT for my brother that has no clause for ending expect my brothers death. If the property is sold my half has to be invested for his benefit. He is currently in a nursing home, self funding. I have LPA. In a previous…
-
Probate - transfer of title
Hi I have had probate granted and looking to buy out sister who is co beneficiary I am aware of the forms required by the land registry but advice online suggests you go through a solicitor rather than do yourself Would that be best advice ? Seems a letter between myself and sister required between myself and sister to…
-
Premium Bonds
My Husband died in November . Not an IHT family but we had made mirror wills leaving everything to each other with each other being the executor of each others wills and joint tenants in the property. The only reason I would need probate is to sort out the premium bonds. I wrote to the premium bonds people informing them…
-
Premium Bonds and staying in the draw
Hi, Apologies if this has been asked before, I tried searching but couldn't find the question I am trying to ask. Last surviving parent has sadly just passed and has left ~£20k worth of Premium Bonds. Due to the size of the overall estate we will be applying for probate. The wording on the NS&I website seems a little…
