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Funeral
If choosing a direct funeral,i understand youre unable to have anyone present in the crematorium but are you allowed a small number in the grounds for a few words?
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Is this legal
Hi I have started a thread about this but it was a while ago and not had any further correspondence and really need some advice. To put it in a nutshell, my ex partners last remaining parent died around 18 months ago with no will being left. There are 3 brothers in total with brother A still living at the family home and…
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IHT Form 411
Just started to fill out IHT forms & have Question on Form 411 Listed Stocks & Shares. Stocks & Shares ISA with Fidelity has multiple funds with different Quantities & Price, do I have to put all of these individually on the 411 form?
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Double Taxation
I declared all of the interest accruals on my mothers bank accounts at the time of her death for IHT purposes. They were part of her assets and were therefore contributed to the IHT bill at 40% rate. Since her death that Interest has now been paid to her accounts. I presume that they will be subject to Income tax now post…
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Solicitors taking inordinately long to deal with estate
The solicitors, who are the executors of my fathers estate, appear to be taking a ridiculous amount of time to deal with it, & are also very uncommunicative. My brother & I are the only beneficiaries, & whenever asked for anything have dealt with it within a week. Death - July 2019 Probate applied for - February 2020…
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C1 Grant of conformation help
My Mum recently passed away and I am trying to help my Dad save money in solicitors fees by completing the C1 form for Grant of conformation. My Mum had several cash ISA accounts in her name and one of them is requesting grant of conformation. They have a joint will and the property has a survivorship clause, and…
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IHT and Probate
Hi, I submitted a probate application in respect of my father on line as there was no tax to pay, thinking that the estate was exempted. I found out that I required to submit a IHT 400 because I needed RNRB to be below the threshold. I have now submitted the IHT 400 and all the associated schedules. In doing the IHT 400,…
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Isle of Man Probate - service delivery address
Hi, Does anyone know a good Solicitor (or similar) who will provide a service delivery address for a reasonable fee? I need an address on the IoM to allow me to apply for probate there. I think I can do all the form filling side of things but having an address on the IoM is a requirement. I would prefer not to use a…
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Equity release- pension credits- after death
Help please. My mum passed away with a large equity release loan. The estate has now passed probate and we have received a letter from DWP asking for asset etc in relation to debt recovery in connection with pension credits. My mum had no income and relied on pension credits and equity release to support her living. Can…
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IHT, slightly complex situation
Hello all, This is a follow up from a previous question asked, just trying to refine my understanding. My mother-in-law has a property worth approx £750K and cash assets of approx £50K. She was awarded her house on her divorce but 25% of the value would go to her ex-husbands's estate on her death or if she sold it. She is…
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Stepmum trying to demand money
I lost my dad 3 weeks ago to cancer. I dont live near him so traveled to say my goodbye to him. I left everyone on a sad but happy note. Since his passing I have left everything to his wife to sort as she is his next of kin and down on will as so. Me and my siblings knew we wouldnt inherit anything and that our stepmum…
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Transferring half of property to sibling
My Mum and sister were joint owners of the family home, I have lived here for 44 years , when my Mum died 15 years ago the house became the sole property of my sister ( she also lives in the property ). She has left it to me in her will ( she is 10 years older than me ) but with inheritance tax I will have to sell the…
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PA1P, IHT400, reliefs, Excepted estate & Probate where assets pass to surviving spouse
Hi All I submitted PA1P probate application for the death of my father (Dec-24) under the impression that IHT400 is not required as estate would fall under Excepted rule as all assets pass to surviving spouse, his wife as per the will. The online checker on Gov.UK confirmed no IHT to pay. The gross vale of the estate is…
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LPA and IHT 400
Hi . My father had an LPA registered but we never used it before he passed away . Am I right in ticking No in box 16 on IHT 400? Many thanks !
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Advice re contentious will please
I am joint Executer in my recently deceased uncles will.
There are a number of beneficiaries split across two families. The estate has
not been divided equally, with the lion share going to the residuary beneficiary.
She stands to inherit a substantial life changing amount of money, and is
unwilling to do the honourable…
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Coop legal services
In Jam 2022 my mum passes away. My drug addict brother was living with her , but after her death he wouldn’t let me in her house to search for will or funeral plan. Stil haven’t been in house to this day. Anyway I put her estate into the hands of the coop as there was no will to be found and me and my brother were the only…
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IHT400 Pensions
Hello, Can someone please explain why I have to list the pension amount in box 56 of IHT400? I put it in and it adds it to the value of the estate but pensions are outside of IHT to the best of my knowledge. Should I then list them in the Exemptions and Relief section? Thanks.
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Printed will integrity
My wife and I are finally getting round to doing our wills, and have been looking at Which?. Having noticed you can either print it off yourself, or get it printed and bound from them, a question occurs to me. If someone's will is being read after their death, and it is simply a load of separately printed sheets in an…
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Residence NRB question
Within my deceased uncle’s estate there is a house that
could be transferred to a stepdaughter. This would attract RNRB however would
it be deemed as tax avoidance if she immediately disclaimed the inheritance, and
put the proceeds back into the estate (Residual) to be split between the beneficiaries.
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Investment Bonds in trust beginning to return as an IHT mitigation tool
I speculated last year that investment bonds in trust might see a revival as a means to help counteract new IHT liabilties due to arise as a result of proposals to tax pension pots from 2027. The article below ( if taken at face value) would suggest there is now underway a notable uptick in financial planning firms…
