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Check a Will has been executed correctly
My grandfather passed away in 2022 with the probate date later that same year, but I am not convinced his will was carried out to his wishes. I am unfortunately not on speaking terms with my parents who were the executors. I there anyway I can see a copy of the will, and if so do the executors find out I am looking. Thanks
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Can I part settle an Estate
Hi everyone and especially @Buddy9. I have received my completed C1 Grant of Confirmation which wouldn’t have been possible without the help of Buddy9. I have the certificates too. Thank you so much again.I will be putting a redacted copy on here once everything is settled. My brother and his wife will take title of Mum’s…
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Land Registry and Capital Gains Tax
My parents bought a plot of land in 1953 and built a house on it. My father died in 1999 and my mother in 2022. They lived in the same house all this time and it was never registered with the Land Registry. I spent nearly 10 years living full time in my parents’ house looking after my mother. I had a flat in London which I…
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Marriage Turmoil - Want To Change My WIll
I would like some advice regarding changes to my will to leave more of my estate to my children. My wife and I have been together for 20+ years and married for six. We have two children, one approaching 18 and the 15. I have recently discovered that my wife had recently started having an affair, albeit a predominently…
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Insolvent Estate and Renounce Ex
Hello I’m writing for some advice. My husband unexpectedly passed away 2 weeks ago (we are due to register death today) His business went into liquidation in December and this is all being wrapped and and closing and taken care of. As such we moved out of our family home into rented accommodation (tenancy in my name him as…
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How to Deal with Rebates?
I've received rebates from TV Licensing and BT totalling £74.83. Schedule IHT416 only deals with debts owed to the estate and I'm unsure how to declare this money. Do I just add it to the total of the monies held in the bank account? And also (really overthinking now): I know this is trivial, but having completed all the…
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When to Send Original Will and Renunciation of Executor Form?
Help, please, with the order in which I need to submit the relevant forms. I'm currently dealing with the second death of a married couple, including the transfer of some unused NRB. I've completed IHT400, calculated the IHT payable, and the IHT423 will be posted to the bank tomorrow. IHT400 asks for only a copy of the…
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Immediate Post Death Interest Trust
I've been searched this forum and online and have a question I hope hasn't already been answered. My Dad (twice divorced and still alive) is just about to re-write will. I am his only beneficiary - his IHT allowance due to divorces is £500,000 inc RNRB I would really like to keep that house and rent it out or live in it…
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Will beneficiary
Hello. Can some explain what happens if a beneficiary in a will passes away before the will of the recently deceased has been settled? Do the assets pass to the beneficiaries children, even if they weren't present in their own will?
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Can I get rid of the estate solicitor now probate has gone through?
My mother-in-law died in March last year, and as the estate involved a house and a trust for my BIL who was in a care home, we decided to use the will solicitor to sort everything out. They were not named as an executor so have just been administrating the estate. Probate was granted in August 2024. My husband is now the…
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Money Moral Dilemma: Should we leave our house solely to our youngest daughter?
This week's MoneySaver who wants advice asks... My husband and I own our own home outright and we've four grown-up children. One is single and has his own house, two are married and live in rented accommodation, and the youngest lives with us as she has additional needs. I'm sure our three older children will be fine as…
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Capital Gains Tax after second death
I’m just looking to clarify things whilst I await Confirmation (Scotland) coming through. My mother passed away in March 2024 and her Will left her half of the house to my brother and I with a Liferent Trust created to give my father the beneficial right to live in the property till his death. My father passed away in…
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IHT403 (Gifts)
My understanding of cash gifts is where an estate falls into IHT territory and the gifts are not exempt, the IHT falling due is paid out of the estate. However, IHT403 contains this statement: If Inheritance Tax is due on any of the gifts, the people who received them are liable to pay the tax due on them. This is separate…
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IHT411 Dividend or interest due to date of death
Hi I’m stumped as to what I need to do for this part of valuing the shares on IHT 411. The deceased had shares with 20 different companies. I have made a list with each company and : - Number of shares - unit price at date of death - value at date of death - which registrar each is with but how do I find “dividend or…
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Inheritance tax
Hi, my mum is thankfully still with us and wishes to continue gifting her 4 adult children approx £9,000 a year. She lives comfortably in a residential home and receives her pension, with private pensions. These do not add up to more than £12,000 a year. She has no savings but does have a funeral saving account. I am a tad…
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Simple will
Hi. My wife and I need a will. We have 2 grown up children. Own our own house. No other wills. No complexities. Everything will be left to the 2 children. My issue is that I do not want to pay out hundreds to a solicitor for what is a straightforward document . Is there a simple site where I can just copy an existing will…
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IHT409 (Pensions) Help
Deleted. I have my answer. Apologies.
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IHT and gifts from income
Let's say my cash ISAs generate £10k interest this f/year and my Stocks and Shares ISAs increase in value by £20k. Can I treat all/any of this as income for IHT purposes?
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No Will - share out instead?
I intend to move in with my Daughter. My Estate value does not attract IHT as it is below the £325k threshold. Is there any legal reason why I cannot give my Children, Grand Children (all adults) and two great grand children ( ages 7 & 5) the monies I wish them to have, now? My gt grand children have Bank Accounts in their…
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IHT Exempt Gift from Couple
I don't seem to be able to find a clear answer to this... It seems that for inheritance tax, the gift exemption applies to an *individual*. But what if a couple send a gift to their child from their joint savings / joint bank account, then one of them dies before 7 years have passed? Can the gift be considered to have been…
