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IHT question
Hi My father has recently passed away and I am tasked as one of his executors to sort out his IHT. My mother passed away in 2020 and she passed all her money and share of the house to my dad, however there were a few items of jewellery that she detailed to be passed to various family members in her will. They didn’t have a…
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Probate renounce solicitors
Long story, cut short. Mum passed away in December 2024. Small estate as property had to be sold to pay care home fees. I've approached solicitors asking them to renounce executorship its easy to do ourselves. However, my brother (a main beneficiary) doesn't want to be contacted, not been seen for 2 years apart from the 5…
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Money has just been paid in to my account after late mum's account closed,carer's allowance issue?
Money had just been paid in to my account after late mother's account closed after her recent death as the account was below probate limits. A payment of carer's allowance has also appeared from the 8 week run off period has also appeared in my account,should I be concerned about still getting that run off payment or…
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buying out sibling of her share of house
Hi wonder if some of you could help me, my mother passed away in june 2024,and myself and 2 sisters were left in the will for equal shares of the house, i,m the sole executor and i wish to buy one of my sisters out of the her share, and just have myself and my other sister on the title deeds, the buy out would be by cash…
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Rent received for my late father’s house
My father had not lived in his house for 2.5years as he was in a nursing home. Last year it was rented out to help with the nursing home fees. We intend to submit a tax return for him up to April 2025 to cover the rent that the estate will receive since his death in January. My sister and I have inherited the house but…
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House valuation for IHT/Confirmation but with possible CGT implications
Dad passed away last month and my brother and I will be selling his house once Confirmation has been granted. As well as Executors of dad's estate, we also own half the house which was left to us as part of a Liferent Trust when Mum died last March. We are just trying to consider the best way to get a valuation done for…
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Inheritance tax 2nd installment
Hello, My mum passed away and I received probate last year. I am paying the inheritance tax in installments and it is now under a month until the anniversary of my first installment. I understood that HMRC would write when my second installment is due, but I haven't received anything. I've tried calling their inheritance…
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More questions about LPA
I do have a friend who I would trust to do LPA for me but she's only ten years younger than me. If I live to be 90 she will be 80. What happens if you set up and register a LPA and then the person appointed dies or becomes incapable before you do? Do you have to start all over again? What if I have a long term incapacity…
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Probate Form
Hope someone can clarify Question 2.13 asks about relatives legally adopted. Above the question it states 'only answer this question if no executor to the will is applying' Does this relate to this question or the question above re land. Thank you
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House valuation when house sale will be needed to pay IHT
Hi there, I am executor for my father's estate and his house value means that the estate will be well above the level where IHT is due. However, until the house is sold, the estate will not have sufficient funds to pay for the IHT. I'm aware that the IHT can be paid in instalments over 10 years with the first payment…
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Updated will found
Hi, Asking on behalf of my brother (based in Scotland) His girlfriend passed away then her mother passed too. Her dad passed several years prior. The solicitor had said that the estate was intestate and began to identify cousins. The solicitor has almost completed finalising the estate and has found a newer will. It was…
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Transfer of title deeds after death of partner
Hi everyone i have recently lost my partner (not married) to cancer. We owned our present property jointly and I now wish to sell the house so that I can move on I have probate and was the only beneficiary in his will with no one to contest so it should be fairly straightforward does anyone know if I can do this without a…
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Bank statements for the deceased
I am the executor for a family member's will, and all their bank statements are online. The amount the bank holds is big enough that the bank want probate first. Are they obliged to release bank statement details to the executor? I've requested via post but not had any response, and really need sight of the bank statements…
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IHT - utility account transfers - credit balance impact on estate?
Box 76 on IHT400 includes "any refunds from gas, electricity or water suppliers". I'm wondering what the position is when the utility accounts were held in the deceased's name but are then transferred to their spouse's name after death. There is no refund as such to pay to the estate, but the electricity account, at least,…
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Is this good advice from local company dealing with probate?
Husband died recently and heft his 59% in a will trust giving me life interest.Am one if the trustees with two adult children. I emailed this company and asked I did not have to do probate but on my death whether probate will be required for him to be able to claim his nil rate band . This is the answer I got As he left…
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C1 form Confirmation
Hi, newbie here and looking for some help with completing C1 form. My dad's christian name on the will is different to that on his birth certificate and address is also different as he was in a care home when he died. Where do I include this information? Also, in the inventory do I include the monthly half share of his…
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Filling forms my probate questionnaire
I'm aiming to get this Probate questionnaire filled in soon,so I've got figures for how much the funeral cost so I can put that down as a debt owed and a care bill.And I have a figure from bank of funds on day of death.So if things change after forms have been sent in,in for instance if mum gets paid a few hundred quid…
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Tenants in Common Trust and Probate
My wife of 15 years an I both have children from previous marriages so when we bought our current house we did so as TIC. We had mirror Wills made up so that on the first death, the share owned by the deceased goes to their children but the survivor can live in the house till they die (with provisos). My wife died a few…
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Father has suddenly passed away; what happens to his bank account
Hi Guys & Gals, Having an awful time; moving house, was going to bring my father with me, but he had a heart attack the very same day I collected the keys. Some advice on the following would be appreciated My father and I had a close relationship, and what was mine was his, and vice versa. His bank account has about £11k…
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Inheritance tax - which forms do I need?
My late father passed way in September 2024, and I am doing the probate forms myself. I've now got to complete some inheritance tax forms, but unsure which I should use. The house is worth £650K probate value, with a £300K equity release mortgage on it. There is £100K in savings. My mother passed away 5 years ago, and did…
