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Solicitor is asking for probate to add trustees
Just a quick recap, father died leaving an IPDI. Mum is getting old and might need to downsize or go in a care home. I have power of attorney. As sole owners, she will need to add a trustee to be able to sell.I talked to a solicitor and he said probate is needed, I did not need probate to settle his affairs. It seems I…
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PROBATE FORM PA12
Hi I am applying for administration in that of my fathers intestate estate. I have sent in form PA12 with my name as representative and that of my brothers name added also. My brother has mental health issues and will need me to sort his monies out as well. However, the courts want me to withdraw form PA12 as I have my own…
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For the Gazette notice, do I need to include Flat number or is block sufficient?
Hello, I am just adding a death notice to the Gazette, my friend that I'm acting as executor for lived in a smallish block of flats. Is it ok to just put the number of the block or should I specify the flat number too? It feels like I'm identifying an empty flat for burglars to go as far as the flat number and any creditor…
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IHT advice needed please.
Hi I made a will 11 years ago and in my will it stated I wished our property to be left to our three daughters. It stated "I give" my property which is solely in my name. At the time of making my will my mother had passed away suddenly and I guess I was bereaved and didn't fully understand the IHT implications and if I'm…
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Inheritance options for Grandchildren
Hi, I am executor for my late mother's will. Mum left money for her 3 grandchildren in her will, stipulating they could only have their money on their 21st birthdays. One of the children is now an adult of 19 years old and lives in the UK. The other 2 are under 16 but do live in France with their father. I wonder what is…
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IHT - If you have not heard from us by ...
Hi Ive received the IHT unique code back and applied for Probate and received that and am now sending of to the various companies. One question on the IHT letter it says " If you have not head from us by 11 June 2025, it means we have no questions t as about the information on the form IHT400" Is this standard wording on…
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Inheritance Tax
Our father recently passed leaving a £500,000 house which was 50-50 with his partner through a life interest fund. His partner had died previously leaving her 50% in trust to her daughter. (Previous marriage)I believe she is classed as a remainder man. As our father had other properties (nothing to do with his partner)…
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pay funeral completely
Hi My wife and myself are 60ish and were thinking of paying 6k-8k each to fully pay for both of us to be cremated...my question is if in 10-20 years time the cost would of doubled or trebled by then..would my children be liable for extra payments or would the original price stand ?
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Selling my mums property
Hey. Basically me my brother and sister are executors of the will My bother and sister are trying to bully me into selling the property cheap. I've said no. They have threatened to try and get me removed as a executor as well On top of this my brothers wife who isn't named as a executor is dealing with the estate agent.…
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What do I do now?
So my father passed in January. Home didn't tell me, my brother who my father had disowned was the only one contacted, he lives in Scotland. The home registered death. I am the sole beneficiary and excuter of the will. His solicitors have his will. He had graudianship who has house keys etc. We are still waiting the will…
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Chargeable event on death
Hi all My late mother had a unit linked investment bond, which paid out 101% on death. She had withdrawn money over time and I can see chargeable event certificates in her files - broadly saying that basic income tax (20%) on any gains made on her investment is covered under existing tax paid on the investments, but if the…
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not on land registry
hi long story short, my mum passed away last year, i have the probate, my question is ive just found out my mother isnt registered on the land registry, i,m assuming as she took over the house after her husband passed away it wasnt a requirement back then to register it on land registry, ....so how easy is it to do it my…
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Life Insurance - tracking down the trustees
My mother has Aviva life insurance which is written in trust. She was advised to do this so there would be no inheritance to pay on the final value. She took the insurance out in the 80s and the Trustees were her financial advisors at the time but this firm no longer exists. I have found out through googling that they were…
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Index linked gifts in Wills
I am confused with the following wording for a clause to include an index linked gift in a will: I give.......£xxxxx or such larger sum as my Trustees shall assess so that its value at my death shall be the same value at the date of this Will and .......shall be index-linked, so that the actual amount given shall be the…
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Help! Estranged father died intestate.
I have been contacted by my 'aunt' to inform me that my father has died without a will. I have not seen this man in 30 years. I am confident I am the only child and he wasn't currently married. I know very little otherwise. I am of the understanding, therefore, that I am the sole beneficiary. I highly doubt there is much…
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What does this phrase mean in easy english please?
What does this phrase mean in easy english please? I give the maximum amount that can be given by this will without inheritance tax becoming payable in respect of the gift to be divided equally between Mr AB and Mr XY.
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Wording in will
A will stipulates amounts bequeathed to 4 beneficiaries (A, B, C, D), and "a sum of money equal to the maximum amount I can gift without inheritance tax becoming payable as a result of my death free of any inheritance tax to X". So, I take this to mean that X would inherit the current threshold of £325,000 minus the…
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Letter of Authorisation
I am so confused. So yesterday I went to the bank to open an Exector Account (my mum passed away in January), I was told I require a l Letter of Authorisation in order to open it, even though I am a named executor of the will. There are 2 other people down as named executors (retired Solicitors) a Letter of Declinature is…
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IHT 38
Hi, Due to over enthusiastic house valuations by estate agents I’ve overpaid on my mother’s IHT. Now the house has sold I’ve submitted the IHT 38 to claim back the overpayment. Has anyone recently claimed ? If so how long did it take to receive the refund ?
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Can I do this estate administration myself?
First time administering an estate so please bear with me. My father passed, his wife (my mother) survives. He owned the house outright, and all savings and house were in his name only. The estate is over the IHT threshold. I have three siblings. My father did not leave a will. My siblings and I have agreed that my mum…
