-
Assets including in a will
Just a basic question... When I do my will, do I need to list all my savings/investment accounts with the banks' names and account numbers etc? I am thinking accounts can be closed or moved frequently, do I need to constantly updating the will because of this?
-
Help with Discretionary Will Trust
I am one of 3 adult children. Our elderly mother set up a discretionary trust in her will for the benefit of my brother, and his wife on the event of his death. My brother is bi polar and has long term mental health issues. They have no children. This will was re-checked by her solicitor 4 years ago on the death of my…
-
House sale by executor
Hi Can anyone help. Daughter was named as executor in a will but she renounced it as she is 39 weeks pregnant. This has passed to the solicitor who gave neen named to gandke tgecwill. There are 4 parties to the will and a house is main part of the estate. We have now had a cash offer on the property with with no strings.…
-
Trying to tap into the knowledge to help a relative
Thanks for reading . In short I'm trying to help my godson . His dads side of the family are shutting him out . His dad who died almost 18 years ago had 2 sister and 1 brother . their parents both passed away this year (his nan & granddad) . He was close to them and its was understood by him and his mum that when they died…
-
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…
-
national savings timescales
Hello, Does anyone know how long nationbal savings are currently taking to pay out estates? Regards,
-
Will question
If my mother had willed money to my husband and I (Both named in the will), but her will was old and out of date, and had not been changed...... husband and I had divorced 4 years prior to her death. Is he still entitled to half of the sum? eg £10000 to Jessica and John Smith. Should the decree absolute be accepted to…
-
Long time coming
Backstory; My grandparents passed away 5 years ago, their 2 children were detailed as executors to the will/estate, both of whom have children beneath them. Probate was granted but a family break up has been used as an excuse/reason for the lack of communication of any procedings following probate. 9 parties, including…
-
Barclays not releasing information
Barclays Bereavement Team are under severe pressure and simply cannot respond to enquiries. I have sent them all the certification, ID etc. they say they need but they cannot confirm receiving them, much less release the information I need. I need to apply for Probate, but I can't do this without information on the…
-
Inheritance tax nil rate band transfer of pre deceased
I must now face up to the probate if my father's estate. What would be the IHT threshold for my father's estate he passed away recently. My mother passed all nil rate bands to my father on her death in Feb 1991. My father has used no allowances and no gifting. The property is a qualified for the nil rate and I am the only…
-
Probate timescales March 21
Hi, apologies its the perennial question of current probate timescales :# my mother passed away June last year, due to delays in the final invoicing by the council the application to Hmrc for IHT was Oct 20, probate in November. IHT was paid 31st December but still waiting for the grant. Will was uncomplicated direct split…
-
Anyone else feeling cheated by tenminutewill.co.uk?
I signed up for four wills back in 2016 on the understanding that "You can make unlimited changes and unlimited re-prints of your Amended Wills. However, after your initial purchase they will not be checked again unless you pay the checking fee of £14.99 per document" When I went to amend an address last night it asked for…
-
Probate ?
My husband (57) died 9 weeks ago. we have wills where everything was left to me. He has a SIPP, death in service and old pension. His only asset in his name is his car. As far as I understand the only thing in his ‘estate’ would be the car as everything else is outside the estate. Would I need to do probate ? He’s left…
-
Executors in dispute
My mother died May 2019 and both myself and brother were named executors of her will. We are both equal beneficiaries along with grandchildren. He left me to deal with everything when mum died, and did nothing to sort out estate etc and despite advising him that the house was being cleared for sale in 2020, he visited the…
-
2 seperate smaller wills or 1 single will.....paying taxes....which is better
estate value 850,000....the house and some shares is in my fathers name 50% and my mothers name 50%........in my fathers current will everything goes to my mother and then in her will everything goes to me........it is better to change fathers will so that his 50% goes to me and bypass my mother and then my mothers 50%…
-
Grant of probate - anybody experienced?
Hi all, I wonder if anybody could help me out. I am in the process of buying a house, we are ready to go, searches back, mortgage in place... just held up waiting for the vendors to be granted probate. The main problem is I know very little about what is going on, the vendors are very nice and seem to be bending over…
-
Inheritance tax
My wife died 4 months ago. My 2 children ( in their 30s) still live with me in my house. If I die how much inheritance tax will they have to pay to still live at home?
-
Inheriting furnished house, needing insurance.
Hi, If this has been posted elsewhere, please advise. I am inheriting an empty furnished house and awaiting probate to come through ( approx 6 weeks.) I need insurance to cover contents and buildings for the forseeable future. I will be selling the house. Could you please advise on the best way to do this? Is there…
-
removing solicitors as executers while parents still alive
hi....my parents have had their will stored with solicitors for 25 years....my father named solicitors as executors of will.......we want to remove them as executors and make me the executor as i am the only child and it is a simple will so we do not need to pay high solicitor fees..........i have spoken to our solicitors…
-
Using inheritance from foreign relative to pay mortgage deposit
I am a UK resident, born and currently domiciled in the UK. My family, on my mother's side, are from Turkey. I am looking to buy a house via a mortgage as a first time buyer and plan to use £10,000 from Turkey that was a part of my inheritance (Turkish grandfather) for the deposit (plus £20,000 of my own savings). As far…