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Original Will and Other Questions
I understand that when applying for probate the Probate Office requires the original will. If the process takes 9 months (NOT unheard of) does the Probate Office retain the original will for the duration? Have they been known to loose the original, NOT return them etc? If it's just husband and wife, no children with only…
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Changing probate application
Hi, currently applying for probate online and I seem to have got myself in a bit of a pickle. Myself and the other executor, my sister, have got as far as signing the declaration but haven't yet paid or submitted it. We have realised that we should have submitted a IHT400 and haven't. We answered "No" we haven't submitted…
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Estate tax and foreign tax credit relief
Might someone know the procedure for an executor claiming FTCR for foreign dividends on a deceased UK estate, and how it relates to R185 and SA107? This must be a common scenario, but the only guidance I found so far was a cryptic paragraph at TSEM7453 (see below). The estate received foreign dividends from multiple…
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Help with IHT 400 - jointly owned assets IHT 404/405
Hello good people, My head is about to burst. I am filling IHT400 and have almost got it done, but I have a question about jointly owned assets. Looking at it, as I own half of my Dad's house (made over to me when my Mum died), it seems if I fill in IHT 404 it says details of jointly owned assets, and if it is the…
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UHT query
If I sell my house worth about 350k and put the money into savings and rent, and leave my whole estate to my children, will on my death my Estate still be able to claim the extra 175k allowance ie 500k in total. (even though at death I don't own a house). Thank.you
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Distribution of Funds by Solicitor
I am seeking advice from those who will know better than me on what is a reasonable time for a Solicitor to hold funds before making interim payment to beneficiaries. In this case the Estate is very straight forward with no complications; * there is no property sale involved * there are no missing beneficiaries to trace *…
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Probate
Can anyone please advise if they know how long probate is taking at the moment. Simple case, wife left everything to husband. Probate needed to sell substantial shares. Applied online Thankyou
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Changing my will
I am considering changing my will but have no idea how to go about it and how much it would cost. Things have changed a lot since it was made and I'm now mostly bedridden so I have no idea how to go about this. Id need to do this without my partner knowing. Any advice gratefully received.
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What powers do trustees have?
Me and my partner have wills. Our home is mortgage free and we are tenants in common with the land registry. Both wills are identical and have 2 beneficiaries.....my son and my partners son. Trustees are my partners son and her sister. On the death of either of us I believe their estate (50% of what we have including…
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Discretionary trust?
Hi As joint executor and trustee of a will which splits things jointly into discretionary trusts. Can anyone explain in layman’s terms what this means. Rodney
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Extra sealed copy of probate grant
I need an additional sealed copy. Can I order online ? I did find some info but it just seems to refer to a download for £1.50
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Confirmation from Glasgow Sherriff Court - 10/12 weeks?
Application for Confirmation going in soon but our solicitor is saying that Glasgow Sherriff Court has a 10 to 12 week delay for gaining confirmation. Sounds rather long. Is that normal?
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Things to know before becoming an executor
I've been asked by my dad whether I am willing to be an executor to his will, jointly with my sibling. It makes sense for us to do this, but before I say yes, I would be interested to know other people who have been an executor wish they had known beforehand. Is there anything I should be mindful of? Is there anything in…
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Inheritance and DWP Benefits
Inheritance due: £14,200 Employment: Self Employed Living Status: Private renting Marital Status: Cohabiting (fiancée) Dependants: 2 Benefit: Universal Credit Hi guys, so a few questions regarding the situation I’m going to find myself in soon when I receive the above inheritance. I understand the basics surrounding £6,000…
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Letter of wishes and probate application documents.
I understand the 'Letter Of Wishes' (LOW) which accompanies a will is not a legally binding document. I've spent hours and hours googling sites to find out if the probate application process requires me to enclose my late father's 'Letter Of Wishes' with his will and If so will it be returned? The thought of queueing again…
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Life interest in house
Mother and StepFather owned house as TIC in 50% shares. Mother died a few years ago, leaving her estate, which comprises of cash in bank, her share of the house & her chattels equally to her 2 adult children. Adult children & StepFather are all Executors but StepFather is NOT a beneficiary. StepFather is allowed to remain…
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Whats the best way to leave all my £349K estate to my 40 year old niece??
Hi, my estate at the moment is worth around £349k & i want to leave it to my 40 year old niece & cant find out what her tax liability's might be. IE: Inheritance, personal earnings tax, & anything else the government can throw at her. Any thoughts.?
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Basic guidance following death of wife
Someone close to me has just lost their wife after illness, which involved 3 months in a coma. They separated 15 years ago, both owned their own homes but remained very close throughout (as friends) and have no children. The wife has her mother and brother, with no other family. They had plans to move away and end their…
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Who's responsible for the house bills between probate to its sale?
Hi, so I'm the administrator of an intestate estate in England with two beneficiaries. I wanted to organise the house sale as one of the first priorities, but due to a very problematic and threatening beneficiary it took over a year. Before the death, I was in the house as a carer and lived in it after the death, with the…
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Trust Will vs Normal Will
Hello, I have an existing trust set up which is to provide for daughter (a). Daughter (b) is a co-trustee. I wish to write a will and I would ideally like my money to go directly into this existing trust for daughter (a) as I believe this would be a simple and low-cost trust fee. Is this possible or would I need a more…
