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Filling IHT
Value of joint assets at time of death was approximately £80,000. Few weeks later mum, got £2,000 from his PB and £1500 from his shares. So what do I put for value of any jointly owned assets.They were transferred directly to mums account. Also mum used his credit card just after he died, she was not aware it will be…
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Selling Family Possessions
Hi wonder if anyone has any advice with regards to our situation? So my auntie has lived with her parents all her life (parents are now deceased) & my auntie will continue to live there. My dad & a different sibling have been made as executors & are now in the process in sorting out probate. In the meantime, we have found…
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Levelling Up - Will Gifting
Hi Forumites... My father unfortunately recently passed away - four children as Executors (incl myself - Child A) . Previously he gifted a plot of land (valued at appx £60k) to Child B on the understanding that once his estate was to be distributed then Child B's portion of £60k be deducted from their settlement amount as…
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Estimates in IHT400
I've just submitted Self Assessment forms to HMRC for the deceased 2023-2024 and 2024-Death (HMRC asked for them as he had underpaid tax). I'm guessing they will take weeks for get back to me with their calcs for tax owed. Rather than wait can I submit the IHT400 with provisional figures for these debts?
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Family member took all Mother inheritance
Hi I am writing this on behalf of my Wife. Her mother unfortunately passed away on Christmas Eve in Scotland. She didnt make a will however it appears she had approx £20k in her bank account. As my Wife now lives in England, She went to see her prior to her passing away however had to come back for work committments and…
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Are there any pitfalls..
The elderly father of a friend of mine is thinking of downsizing his house and buying a small flat He was wondering if there were any pitfalls if he put the flat in his (only) son's name as well as his name as joint tenants There is no wish to avoid IHT or deprive assets, it is simply for admin so that when he passes the…
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Help with father's will now he has passed away
My father passed away and we weren't informed. I am executor of the will and sole beneficiary. My brother has been listed as next of kin, I have spoken to GP and asked to be listed as this also as I need death certificate? I have the funeral plan etc. My brother hasn't spoken to the family in 20 years and will try to…
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Creditor claims against estate?
Our neighbour has been worried by advice she has been given following the death of her husband. I'm not sure she has been advised correctly She is very worried about potential creditors appearing years down the line and claiming against the estate. She thinks that creditors can turn up at any time, with no evidence, and…
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Any point in applying for probate?
My grandmother has just died. I am executor of the will. The only asset is her house which is worth approximately £200000, so is below the inheritance tax threshold. The house has never been registered with the land registry. I have the title deeds in my possession. Do I need to apply for probate as there is no…
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Will writing
Not sure which board to place this? Need to get myself and wife's will sorted. Many offers to send willwriting kit, but solicitors offered close 3900.00. this is too expensive 4 me. There is a charity month october/november. I am just concerned "do i REALLY need a solicitor?" They would say to get it right you need…
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Administrator duties - intestacy - minors inheritance
Hi. I am Administrator for my uncle's Estate. He died intestate. Myself, cousin 1 and the two sons of cousin 2 (sadly deceased) are the beneficiaries of the Estate. The two sons of cousin 2 are 15 and 17 yrs old. This is making the distribution of their shares of the Estate complicated and is delaying the whole Estate from…
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Solicitor is asking for probate to add trustees
Just a quick recap, father died leaving an IPDI. Mum is getting old and might need to downsize or go in a care home. I have power of attorney. As sole owners, she will need to add a trustee to be able to sell.I talked to a solicitor and he said probate is needed, I did not need probate to settle his affairs. It seems I…
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PROBATE FORM PA12
Hi I am applying for administration in that of my fathers intestate estate. I have sent in form PA12 with my name as representative and that of my brothers name added also. My brother has mental health issues and will need me to sort his monies out as well. However, the courts want me to withdraw form PA12 as I have my own…
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For the Gazette notice, do I need to include Flat number or is block sufficient?
Hello, I am just adding a death notice to the Gazette, my friend that I'm acting as executor for lived in a smallish block of flats. Is it ok to just put the number of the block or should I specify the flat number too? It feels like I'm identifying an empty flat for burglars to go as far as the flat number and any creditor…
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IHT advice needed please.
Hi I made a will 11 years ago and in my will it stated I wished our property to be left to our three daughters. It stated "I give" my property which is solely in my name. At the time of making my will my mother had passed away suddenly and I guess I was bereaved and didn't fully understand the IHT implications and if I'm…
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Inheritance options for Grandchildren
Hi, I am executor for my late mother's will. Mum left money for her 3 grandchildren in her will, stipulating they could only have their money on their 21st birthdays. One of the children is now an adult of 19 years old and lives in the UK. The other 2 are under 16 but do live in France with their father. I wonder what is…
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IHT - If you have not heard from us by ...
Hi Ive received the IHT unique code back and applied for Probate and received that and am now sending of to the various companies. One question on the IHT letter it says " If you have not head from us by 11 June 2025, it means we have no questions t as about the information on the form IHT400" Is this standard wording on…
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Inheritance Tax
Our father recently passed leaving a £500,000 house which was 50-50 with his partner through a life interest fund. His partner had died previously leaving her 50% in trust to her daughter. (Previous marriage)I believe she is classed as a remainder man. As our father had other properties (nothing to do with his partner)…
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pay funeral completely
Hi My wife and myself are 60ish and were thinking of paying 6k-8k each to fully pay for both of us to be cremated...my question is if in 10-20 years time the cost would of doubled or trebled by then..would my children be liable for extra payments or would the original price stand ?
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Selling my mums property
Hey. Basically me my brother and sister are executors of the will My bother and sister are trying to bully me into selling the property cheap. I've said no. They have threatened to try and get me removed as a executor as well On top of this my brothers wife who isn't named as a executor is dealing with the estate agent.…
