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Solicitors
I'm an executor, who has been working with a certified copy of a will. Applying for probate requires an 'original' will. In this case, the will was lodged with a solicitor (to whom deceased was referred by Age Concern) who turns out to have been struck off. The Solicitors Regulatory Authority, giving only sketchy details,…
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Care Home financial assessment
I have two question that I would like help with. My mother and father lived in a flat as tenants in common. My mother died two years ago and her will left her half of the flat to me and my sister. My father is soon going to have to go into residential care. Can my sister and I be forced to sell the flat so that his half of…
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Passing on IHT allowance to spouse
My dad died 10 years ago so left house & savings to my mum. Am I right that my dad’s tax free allowance of £325k passed to my mum automatically because none of it was used. So if my mum died, she can leave up to £650k without IHT being due?
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Paying solicitor for probate fees
I will have to pay a solicitor soon to apply for probate for me they are not doing the complete thing just form filling really and submitting for me,at some point I've got to do a verification thing to prove who I am with an app and I believe show a statement of funds in my account. I've had to borrow money from my son and…
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Are there really people who don't need a will?
I have several friends who have no close relatives and live in rented accommodation and tell me "I don't need a will because I have nothing to leave anybody" Is this really true? What happens to the small amount of belongings they 'think' they have ( I'm almost sure most of them have more than they think they do) Who deals…
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IHT and additional information
I have submitted form IHT400 but have not included a tax rebate as the value hasn't yet been notified. When this is advised am I supposed to tell IHT so they can ask me for more money ? We are likely to have applied for probate by then so the figures will change. You have to state the IHT figures on the probate forms. Does…
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Trust account for 17 year old daughter
My children’s father has recently passed (we have not been together for years) as the children are his only next of kin and there was will I have been dealing with the estate. His employer has informed that there was death cover and they are asking me to open up a trust account for my daughter who is 17 ( my son has…
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Befuddlement on probate value
IHT 400 has been submitted and have received back from HMRC the unique code and gross and net probate values to include on application for probate. But not sure if probate values provided by HMRC are correct. I understand you'd normally deduct value of jointly owned assets (banks and household goods) from net IHT value to…
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Funeral expenses mentioned on probate questionnaire
I'm filling in the probate questionnaire to help the solicitor fill in forms for probate.it mentions funeral account, I know how much the full cost was but the deposit was paid by me so is it ok to just mention the part sum paid as the funeral cost that came out of mum's estate as 1 sum so £1807.50 under funeral account…
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Consider doing probate myself - IHT form query.
Hi All, I recently lost my wife, and I'm considering whether to apply for probate myself or use a solicitor. I am the executor and sole beneficiary, so there is no IHT to pay (confirmed by the IHT checker). We own our own home outright. She had ~£120k in savings, and ~£150k in a SIPP. I'm a little confused about section…
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Lack of LPA
My elderly relative point blank refuses to do LPA. He has had a couple of incidences recently involving delusions but they are adamant. He has set his children up us extors in his will But does not want LPAs. So if the children of FIL have to arrange a Deputy (in the future) I have been reading online and its £408 plus…
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I need to amend my Will. Should I just create a brand new one?
Hello. I need to amend my Will, made in 2016. The Will names the directors of the solicitors as executors, along with my mum (who is now deceased). I want to use a different solicitor for the new Will. Do I need to tell the current solicitor if I want to make a new Will or amend the current one? Should I just make a new…
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parents are mortgage free, married 61 years, dad died last week, house is in his name
Will mum be ok? EDIT: sorry, a bit vague - will she be ok for somewhere to live, not will she be ok if she rings an estate agent :)
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Paying inheritance tax in instalments
HI, I need to sell a property to be able to pay for the inheritance tax that is due on the estate - the property forms the vast majority of the estate. If I choose to pay in instalments then is it just a straight split into 10 equal amounts? Is it possible: 1) to pay more than a tenth at the outset? 2) to pay off more of…
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Deed of Variation query?
Hello all, I wanted to check if this sounds right with the forum - I have been searching but each situation is unique. My Dad passed away intestate recently. Mum is currently about to get executrix-dative and then we will help mum apply to get Confirmation (we are in Scotland). Dad did not have much to his name but the…
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Probate and selling house
So the government website says you can’t put a house up for sale during probate but what if you had put it up for sale before the person died? we had to put our relatives house up for sale to pay for care fees but unfortunately she passed away before we could sell it. So do we have to take it off market until probate is…
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Health & Welfare LPA
hi, just wondering if it’s ok to just register a Health & Care LPA and do the other at a later date? Or do they both have to be done at the same time? I’ve received all the documents from OPG, just have to fill them in and pay, but at the moment no urgency for financial one, as we have joint accounts, thanks
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Unusual clause in mum's will to repay debt
Hi all, I'm hoping someone can help me with this as i am very confused. I am one of four children and my eldest brother has helped my mum write a will, has POA and is the sole executor without our knowledge. My mum has said that the estate is to be split equally between us. However, he has put the following into her will;…
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Intestacy and Letters of Administration
I am the friend of the son-in-law of a gentleman who has died intestate. The deceased has two sons. He also has three grandchildren from a daughter (wife of the son-in-law) who predeceased the deceased and thus would be entitled to the share of the estate that the daughter would have received. Thus there are five people…
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Backup Executor
I have one person listed as both executor and trustee of my will. I also have one person listed as a backup executor, in the event of anything happening to the primary person. Q. If something did happen to the primary person, and the backup stepped forward as executor, would the back also become trustee?
