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Looking at DIY probate
I recently lost my father a week ago, and I’m staring at the probate/IHT forms feeling daunted. My mother is still alive, but won’t be any help with any of this (we’re both named as executors but she wants me to sort it all as she’s not technical at all in respect of computers). I’ve spent the last week waiting for the…
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Transferring land registry deeds after death with a will trust
We're currently dealing with my late mother's estate where the sole beneficiary is my father (her spouse) and the estate has been treated as an excepted estate. There are no mortgages involved. There is a jointly owner property and a separate solely owned piece of land involved. I'll start with the piece of land, this is…
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Has anyone used or is familiar with MyLastWill?
Back in August I took out an insurance policy via Howden (https://www.howdenlifeandhealth.co.uk/free-will) and received a voucher to get a free 'Single Will' or two 'Mirror
Wills' (£80-£130 value), along with on-line and telephone support via a provider called MyLastWill (https://www.mylastwill.co.uk). I've tried looking…
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IHT Inheritance Tax Help
Good Evening I wonder if anyone can help. I am currently doing IHT forms and was wondering about the IHT tax rate in this scenario. Father died in 2020 and left 50K to his son in his will and the rest of the estate to his wife including the house. Mum died this year (4 years on) and the total estate is worth 1.2 million…
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C1 Confirmation - Help Please
Recently submitted confirmation application and it has come back with 1 post-it note on the first page saying “name of deceased differs to that of the will to c1”. the will has both the deceased maiden name and married name. The way it is written is first name and then “maiden name” or “married name”. I have filled out the…
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Looking for advice gift from work
My dad’s company received a key man life insurance policy after he passed away. They have said they’d like to give the family some money from this. I am looking to find out if there are any tax implications for this as it’s a gift, but not from his estate etc.
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My rights as a power reserved trustee
Hi everybody. Before i start can i say that i am trying to see a solicitor regarding my situation but i am struggling to get to see anyone for at least a couple of weeks so wondered if anybody on here would be able to help. My father died 2 years ago and left his share of the house in trust for my brother and myself. The…
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Do I really need a Executors Account
Hello, I am currently needing a bank account to put money into. My understanding is that you don't need an Executors Account, but to just keep money separate in a different current account? Some background: The estate is quite large at about 800K and there are four beneficiaries including myself and only one executor.…
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European passport based on parents
Hi... Looking for a bit of guidance. And not sure where to post Friend of mine had a Lithuanian mother and Austrian father. They fled to the UK in the war where they met. My friend was born in the UK and has a UK passport. He is starting to look into trying trace his parents and prove where they are from with the idea to…
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Avon Requesting Deceased Mothers Debt
Hello, I am new to this forum, although I have used MSE in the past for help with other matters. My mother died a few weeks ago and I am the executor, as her eldest son. I knew she had an Avon round, but I expected a letter from Phillips & Cohen associates requesting her estate to pay £200 for the balance on her Avon…
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No will and no blood relatives makes things difficult for in laws and friends.
Just a heads up to people that you really should have a simple will in place whatever your circumstances, but this is particularly important if you are an only child and have no surviving blood relatives. In that case without a will it becomes difficult for in-laws or friends to organize the funeral and the estate passes…
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C1 Confirmation - English will
Hi all, I got a lot of help here filling in the C1 for my mum but it's been rejected. It is an English will - I got a letter confirming it is valid from and English solicitor and he stamped the title page of the will where it has mum's name, but should this be on the actual first page where the writing starts and should he…
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One Property for Each of Two Beneficiaries, One Sold, One Transferred - Timing Differences Query
The Deceased's Will left their Main Residence to Beneficiary B1 and left a second home to another Beneficiary B2 who had lived in it for 10 years and will continue to live there going forward. The two beneficiaries will also split the residuary estate cash between them. A Letter of Wishes was attached to the Will which…
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How long to wait for HMRC?
My mother died in 2018. I was the executor. Her estate was large but not too complicated. I eventually got probate and all IHT was paid. She had had an accountant who prepared her tax returns and we checked that everything had been included. The estate was fully distributed, everything equally between me and my four…
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Credit card after death
Hi My father passed away recently and myself and my sister were executors and beneficiaries of his estate in the will. There was no probate and he had some shares .most of the shares he gave to us just before he died. The remaining shares were cashed in after her died and my sister and myself have the proceeds. He had one…
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ISA of deceased
Is it permissible to leave an ISA in the name of the deceased for the maximum period allowed of 3 years even if Probate is granted 1 year after death? (APS doesn’t apply) The sole beneficiary of the estate and ISA is happy to leave the ISA untouched to retain the benefit of any income / capital gain being free of tax.
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Should I accept an entreaty to be executor of a will?
I’ve been asked to be the executor of someone’s will, and I’m unsure whether to accept. I’m being asked because his only beneficiary lives abroad and there’s no family or suitable person available. I’m being approached as the most “utilitarian” option. The estate is likely to be complex: * It will exceed the IHT threshold.…
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Is a separate account necessary for sole beneficiary?
My husband died 4 weeks ago & I am only now trying to get my head around dealing with the financial side of things. He died intestate so I will apply for letters of administration and be the sole beneficiary. I have already used Tell us Once and the Death Notification Service which will start the ball rolling. When I dealt…
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Living in fathers house after his death
Hi all I am looking for advice whether i need probate My father passed in May and left a will My sister and myself were executors and beneficiaries The small amount of money he had in the bank was released by them and proceeds shared between myself and sister. Regarding his house, i have lived there also for 55 years and…
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help as an executor
my mum died and left a house to my sister and a house to myself.my sister wants the house left to her put into her name and the house left to me i am going to sell.Am i right in assuming that the legal costs to sell my house and for hers to be put in her name have to come out of the estate before the estate is finalized.i…
