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Completing IHT403 Gifts
Hi I have just started to complete IHT forms. FIL gifted £5k to 2 relatives this tax year and has now died. His estate is liable to IHT. When completing the form can anyone advise where I claim on the form the £3k allowable for 25/26 and 24/25 ( he didn’t use his allowance in the previous year) . He was also giving small…
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Probate Interim Payment
Hello - thanks in advance for any responses/advice… So my mother's estate has gone through probate, and my solicitor - Octopus Legal Services - obtained a grant at the beginning of December. Just over two weeks ago, they sent out closure forms to mum's banks. One of the banks, Saga, has emailed the solicitor re: a bank…
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Letter of admin
I posted before but on a different section apologises for that. Both my wife’s parents did not have a will and the house they bought in 1955 was never registered with the land registry. Her dad died in 2016, my wife got the letter of administration to handle his estate. Her mum died in 2023 my wife also got the letter of…
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Confirmation
Our mum died recently, my sister and I are the only beneficiaries and are both executers. My mum moved in with my sister recently due to ill health and died shortly after. My sister became joint account holder on my mum's current and savings accounts when she moved in. I was happy with this as there are no trust issues. We…
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Executor
HiWhat happens if there is nobody willing to be an executor to a will that requires probate. I have seen reference to a court appointing an executor but which court would this be and how does it work Thanks
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IHT Form - self filling boxes
Quick query re: these forms, currently filling in IHT 205, however the total's boxes don't seem to self populate, and I can't add the figure myself unless I print out the form and write it in.. I'm using Adobe Acrobat Reader (non pro edition) and have tried it on both the mac and PC. Can anybody tell me what I'm doing…
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Inheritance tax
My Mum in Law just died with an estate of about £45.000 Do I need to inform the revenue -
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Estate Disclaimers
Hi have a question re Disclaimers on inheritance in following situation: Sister passed away suddenly last year, never married, no children no will - survived by myself & our elderly Mum. So under intestacy rule all her estate would pass to Mum. Mum was in hospital(Broken Leg) at this time & I had PoA for her, so sorted…
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Letters of Administration de Bon is non
My wife’s father died 2016, my wife’s mum was suffering from dementia, she could not sign any legal documents so my wife got the letter of a administration for her father with her mum being the person she was sorting his estate out for. We were told at the time by her that the house was in both of their names, when she…
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LPA and FSCS
I'm putting together my LPA and want to ensure that any savings and investment I have remain with organisations that are part of the Financial Services Compensation Scheme. All good so far but - what if the scheme gets replaced or renamed in future? Should I add "or its equivalent"?
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Can I DIY transfer of house?
When my mother in law passed, she left everything to her only daughter who is named executor. Her house is fully paid for, no mortgage etc. We have her deeds and land registry paperwork too. Do we need a solicitor for this with it being simply a case of transfer the house? Or is it best to get it done for us etc? We have…
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Lost Account
Hi. Please can I ask for help with the following: I am in my early forties. I lost my mother about thirty years ago*. At that time there was a conversation wherein my mother mentioned a bank account where she had set aside some money as an escape plan to leave my father. It wasn't much money, that isn't the point here. I…
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Dad’s Simple Estate…. and Probate.
My dear Dad died just before Christmas. His funeral took place on Tuesday. I was PoA for his financial affairs (he had never owned property) and am his sole Executor. He left a will leaving his estate in 5 equal shares to my three siblings and myself, with the final 1/5th shared equally between his three Grandchildren. Dad…
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Deed of variation
Seeking help in wording of deed of variation of will. Uncle died 18 months ago leaving small amounts to a charity and another to friend. Remainder of the estate (which is money held in saving accounts) to myself and my wife ( I am the executor). We wish to vary will so as to give our daughter a specific sum of money from…
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Dwp recovery from estates
I am dealing with my recently passed grandmas affairs as I am the remaining next of kin, I haven't had to apply for probate due to a small bank balance, I have had a letter from dwp requesting some overpaid pension back which I have done it also states on the letter if I'm dealing with the esate and she recived means…
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Elderly widowed mother and IHT planning strategies?
Hello all. I posted several questions over the past couple of months relating to IHT & Probate following my father's death in November. And I am extremely grateful for all the replies received by Forumites. These helped me to navigate my way through the IHT and Probate process without having to involve solicitors or…
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First time Help Needed/ Bit Of A Mess
Hi all, hoping for some advice please. Background history Parent A haven't seen for 30 odd years Parent B bought own house after splitting. After some time remarried Parent B has passed away approx 2 months ago. Getting no information from current partner. Don't know if tell once has been done, banks informed etc. Partner…
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House clearance
House clearance to prepare a house for sale after a death in the family is a minefield and an almost impossible for any of us to manage through the pain and fog of grief. It's a horrible experience when not done with care but its not something I've heard peope talk about here. I've just seen a video by the company…
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Probate, POA and Executors
Hi My mother in law has just passed away at 94 and my wife has joint POA for financial and health and property with her sister and they are both named sole beneficiaries and executors in the will She owns a house but has minimal other assets and approx £3000 in a current account which will disappear when her liabilities…
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How to go about updating a will
My wife and I had our will drawn up by a solicitor in 2018, but we'd like to make a change - specifically regarding the guardianship of our children if we both die. Is that something that could be dealt with in a codicil, or does it mean a whole new will? My wife has also changed her surname since the original will was…
