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Mandatory Disregard
My mother is permanent resident in care home aged 98 i live in property she owns and have done for 10 years I am her daughter and over 60 so mandatory disregard of property as part her assets When she passes away will I have to sell house and payback all fees she had paid for her by council while alive? Not clear in all I…
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Selling bereaved persons car
Hi - I wonder whether somebody would be able to provide a bit of helpful advice! My Father-in-Law recently passed away and I am executor of the will, so I'm currently in the process of dealing with all the admin that goes with that. Mother-in-Law is still with us, but not capable of such things, so I'm currently drowning…
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Update on Estate administration
Further to several discussions, not much on the way of progress, caveats remain in place but now one of my nephews is now claiming the house as his main residence. My brother, my potential joint administrator, has told his solicitor that his son moved in months before my mum's death and all the utilitieshave been…
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Executor - Sale of Shares on the Stock Market
I am Executor of my late father’s Will & Estate. I received the Grant of Probate last week. The Shares which are all ISA wrapped he had dropped 14.64% in the last week following Trumps Tariffs so I think it is not the right time to get these sold and I should wait to see if the market picks up taking my duty seriously to…
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Cash gifts on estate worth less than £130,000
Sorry, this is a long one but hopefully gives all the relevant information for my question. I’m looking for some advice please regarding the reporting of all cash gifts made within last 7 years when applying for probate on an estate that will not attract IHT. I’m the executor of a family members Will. The family member was…
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Multi-jurisdiction inheritance question
Mr X is a citizen of one EU country but has been living in another for many decades. He owns property in his birth country and also in the UK. Similarly he has other financial assets in all three countries. He has two children who will inherit his estate in equal shares when the time comes. Questions: 1. Under the legal…
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Tiny percentage of estates paying IHT utilised gifts out of surplus income exemption
Article below not especially surprising. Conceptually the exemption is complex and far from intuitive as the many posts on the various MSE forums attest. https://inews.co.uk/inews-lifestyle/money/pensions-and-retirement/little-known-way-cut-your-inheritance-tax-bill-one-50-use-3677859 Whether future IHT on pension pots…
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Help - Monies given before death for an annex that wasn’t built
Hi everyone, I’d be grateful for your assistance. A reasonably large sum of money was given from my father to a family member to build an annex for my father to live in as he was getting older. Unfortunately my father died before plans were finalised or planning permission was even applied for. In a “letter of wishes” my…
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IHT400 - where to enter money left to grandchildren
I'm going through the probate for my mother, who sadly passed away recently. In her will, she left an equal sum of money to each of her grandchildren (all of whom are over 18), as well as all of her jewellery to her granddaughter. I may be missing something obvious, but I can't find where to enter these details on IHT400 -…
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Advice on Estate Planning
I hope this is the correct forum for this thread... My wife and I (both in good health and in our 60s) have 3 children each from previous marriages. We are retired and live off small pensions and savings. All children are adults and financially self supporting. Our home is mortgage free and valued around £300k in in my…
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Change to Will, possible Deprivation of assets or other implications
Current situation is that my MiL is housebound and has council-funded 4 times per day care visits. She has only a small amount of money herself and a tiny pension. She jointly owns the house with her husband (my FiL). Due to his deteriorating health, they are both going to move into a care home in the next few weeks. My…
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IHT400.
help please page 8 what counts as Entertainment ie is that tv licence broadband Netflix dose it include going out ie seaside or thiam park
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Debt to the estate
A family member died and going through the papers looking for a will (none found ) we discovered a lot of money had been lent to a friend, small amounts over many years. No formal agreement found but recorded by the deceased as loans in notes on a writing pad and on pc. Small amounts had been repaid but a lot still…
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UK citizen with non UK wife..... Will advice problems
I have spoken with 5 different Solicitors about my new will and have 4 different opinions !!! im 70 years old UK citizen my wife of 29 years is not a UK national ,or UK domiciled , she has property overseas , our daughter is a UK national .. My UK estate is probably in the region of £650,000 including a £450,000 family…
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Can a deed of variation be partial?
As title really, can deed of variation change A as beneficiary to A as beneficiary except for property which goes to B. or is it all or nothing?
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Please some clarification!
Hi all. My mum died over 12 years ago leaving my dad in the family home which is mortgage free. He did a transfer of equity between myself and my sister 10 years so all three of us are on the deeds and continued living there alone but not paying market rent ever since. He was adamant that it be done that way. He’s declined…
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Obtaining NI number of deceased.
Newby, sorry if i am in the wrong subject line. My question is, Am i able to obtain my late fathers NI number ? I think i need this to track motions of his bank account also to where his state pension was paid into.. I am direct next of kin, and only recently discovered his passing. As i understand there has been no…
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Family will, where did the money go?
UPDATE: I need to update the post as people keep pointing me to the Government probate website. I'm looking for a will if there is one. I have the probate information from Ancestry and the Government Probate site but that only tells me the basic information of date of birth and date of death and how much money was left.…
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Executor without executor account. Problems?
I’m sorry if this is the wrong board, I wasn’t sure where my query belonged. Myself and my daughter are executors for my mother. We did not have an executor account but I opened a ‘space’ in my Chase account so that anything to do with my mother’s affairs went through there. This has worked very well. I now wonder if we…
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Money gifting probate and wills
My dad passed in February and didn’t update his will, we brought a house together, he gifted me the money for his part of the house, it would have been 6 years in August. He did live at the house and contributed towards the bills etc. the amount of money was £240000 which is about 40% of the property ownership I want to…
