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Retirement Bridge
This discussion was created from comments split from: Retirement Bridge?.
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Annual gift Allowance
Unfortunately although generally well organised, my late father didn't explicitly leave documentation for the gifts he made so I've had to plough through seven years of bank statements. Before I start to put together the probate form, I'd appreciate some confirmation on a couple of points. Firstly, if the money has come…
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Residuary beneficiaries
I am executor to a will where residuary beneficiaries are named as married couples, I.e. ‘20% to my nephew Jo Bloggs and his wife Sarah Bloggs’. Do I pay them 10% each? Also one of the couples have since divorced - does this affect anything or does their share still just get split the same? Thanks in advance.
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Removed staples from will to scan then restapled
I have made a stupid error,I had 2 pieces of paperwork 1 of them my diseased mother's will and 1 of them a renunciation codicil given to me by the solicitor after I asked them to step down as executor.I was scanning documents to send to utility companies after mum's death and was took the staples out to scan more easily in…
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Will with Trust
I am in the process of having a husband and wife (mirror will) will drafted by a local solicitor (not steps). Because my estate is over a six figure sum, she has proposed that I have a trust set up to contain the Nil Rate Band of £325,000 and Residence Nil Rate Band of £175,000. This trust would protect this part of our…
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Grant of confirmation - additional documents
Hi guys, I've been using some of these threads, predominantly those supported by @buddy9 to complete the c1 inventory form to help me obtain a grant of confirmation so that I can sell my late mother's house Both me and my brother are will executors with equal share of estate. The house is worth £75k... And moveable assets…
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Probate 'court'
When my father died in 2008 I had to go to a local probate 'court' to swear on oath that I would execute his wishes in accordance with his will. Is this process still the same as I can't find any information anywhere to relate to this ?
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What is the best way to find a solicitor for a will? Also can I choose anyone as an executor?
Hello. I am going to make a brand new will and burn the old one. I won't tell the new solicitor about the old will. I'm not looking to add stipulations because I am making many changes. What is the best way of finding a solicitor for Wills specifically? The one I used has closed down and I only went with them because my…
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Council Tax and Probate
I have recieved a large Council tax bill this morning of about £5k. We have had an awful time with probate after it transpired my Aunt never transferred the property into her name after her husband died several years ago. We received probate in 2022 for my Aunt, the issue arose when we tried to sell the property and then…
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Trust or not
My mum died last year and myself and 2 brothers are the sole beneficiaries of her estate (3 way split). Her estate is basically her house which we have just sold for £135,000. My younger brother lived with my mum and we want to relocate him near to where I live. My older brother and I have set up a Deed of Variation so our…
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Confirmation in Scotland
Hi all, Trying to help my cousin through the minefield that is Confirmation in Scotland. He is going to put it all through a lawyer to have it checked etc, but the bit he's struggling with is finding all the accounts. It transpires that my aunt was a bit of a squirrel and had several savings accounts that my cousin had no…
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Inheritance Advice
A relative passed away last year and as part of his will he left a percentage of his estate to my father, it states in his will that if my father passed away whilst my other relative was still alive then my father's share was then passed on to me. My relative ended up passing away a few days before my father did so what…
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Can anyone please help me to understand these documents please
I have received pages and pages of information regarding a will and property sale in France. Not understanding French and needing to sign these documents asap I need to understand them so have been trying to use Google translate but there are so many pages its impossible. I thought I could copy and paste the entire thing…
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Can you reduce inheritance tax liability using the gifts made to charity while still alive
Hi, I'm aware that the amount that inheritance tax is paid on is reduced by the charitable donations made in a will, but is there any possibility to offset charitable donations made before someone dies? Many thanks
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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…
