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Multiple executors named, power reserved / Tell Us Once
Hi, hoping someone can help me. My mother passed away earlier this month and I've registered the death this morning. I have a copy of my mother's Will (not the master copy yet - we won't get that for a couple of weeks) and it appears pretty straightforward: my father is the solely beneficiary as he survives her. If he had…
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Forever stuck on IHT403
Good afternoon, apologies in advance for the long post. I feel like I have been stuck on IHT403 for a very long time and I cannot for the life of me determine what I need to do. I don't know how to just state a value for 7 years worth of gifts without giving more detail. In context, the gifts are not large at all and are…
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Paying back the credit card debt as an a will executor.
Hello, this is my first time on this forum. I'm the executor of the will of my mothers partner, if not stressful it's taking me out of my comfort zone. I contacted the financial institutions concerned within 2 weeks of his untimely passing and they all gave the usual platitudes etc. His biggest debt was nearly 5 figures, I…
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Inventory C1 (2022)
Hi everyone, firstly, thanks to all who post on here. I have been trawling through threads and have completed most of page 1 & 2 with your help. I am now about to attempt the Inventory. Here’s my story. We lost mum in November 24, dad passed in 2017. Mum has a will and the property is in Scotland and there are no other…
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Confused about excepted estates, which forms to fill in, and the correct process in general
Hi all, I'm currently working through the nightmare that is probate on behalf of my mum, who is an executor of my nan's (her mum's) estate. I've managed to get this far without asking for help and thought I'd finally grasped it, but am now wondering if this should be classed as an excepted estate. I've filled out IHT400…
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Help to register will trust with HMRC
I need some help how to register a will trust with HMRC. Husband passed away last month and left me a life interest and his 50% put in a trust for the two adult children. Not sure whether I should add my name as lead trustee considering my age may be it will be wise to make daughter as lead trustee. Will she need to add…
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C1 form different spelling of middle name on will and death certificate
HI i'm looking for appropriate wording to put in the C1 declaration that the middle name used on the will spelt with an 'e' should have been spelt with an 'a' as per the death certificate
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Need to change solicitors
Good evening everyone. It is now clear that I must change solicitors. Something isn't quite right with the current ones (they haven't yet worked out the bill for HMRC and 4 months have already passed since the death of my dear latest friend.) I'm getting really worried! No time for grieving :( Has anyone had to change…
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Probate forms
Can anyone confirm - if everything was left to spouse and, following spouse’s death, IHT402 is completed to transfer unused allowance - do you have to still complete IHT400 form? If so in what order? I.e. do you have to wait for confirmation that no inheritance tax is due before completion of any other forms? Thanks
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Probate
Just after some advice as reading conflicting things online. I am sorting my late Mum's affairs, she had a current account & savings account with NatWest, contents £23,000 and an ISA with Royal London worth £13,500 plus some small life insurance policies. Both NW & RL are releasing funds to me without probate but I am…
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Administrator of Mothers Estate
My mom died in 2017. However we were informed by an old manager of the housing association she rented her apartment from that there was an outstanding refund. I wrote to the said association offer inthe copies of the death certificate all my moms childrens birth certificates and her address After a number of emails and…
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Do I need to do probate?
My dad died end of last year. He had a will written with everything he owed to be split equally 3 ways between his 3 siblings (me my brother and my sister). My Brother and I are joint executors. He didn’t own any property (only rented). He didn't have any debts or owe anyone any money. He didn’t own any large assets like a…
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Limited Grant
My ex-wife died, intestate, a few months ago and left 2 daughters. She died intestate so it was the responsibility of her daughters apply for the grant. To allow me to administer the estate, daugher 1 with myself applied jointly for the grant and daughter 2 completed a PA12 for me to act as her attorney. We were expecting…
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Inheritance Tax - Is my understanding correct?
Evening everyone I have just read the following section of an article on this website about inheritance tax...... 4. Any unused inheritance tax allowance passes to your spouse As explained, any assets left to your spouse or civil partner will be exempt from inheritance tax. Yet the inheritance-tax related perks for married…
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Capital Gains Tax
If a property has been inherited by 3 sisters and in the will it is specified that their mother can live in the property until such time as she passes away or moves and the mother doesn't pay any rent, is capital gains tax liable when the time comes to sell the property?
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Inheritance tax help
Hi Im confused as if I have to declare to HMRC. A few years ago I lost my dad and all his life insurances paid out and money left to my mum. Now my mum has passed away and her life insurance payments have been paid to me. They were under 20K in total and there were no property to deal with as they only rented property. I…
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Finding out if someone has died.
I remember once using a website to find out if someone I knew had passed away. It wasnt one of the Ancestry type, it was a sort of Gov register and it was free to search. For the life of me I cant find that site now. Does anyone have any idea which it may have been please.
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Apparently IHT on may not be too bad?
I was just reading the link enclosed below, it says SIPP IHT changes may not be such an issue. I think for estate IHT planning it is indeed a big issue for estates that go in the IHT zone and with fiscal drag, government revenue needs and inflation especially housing, this net will just grow at a fast rate. I was surprised…
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Executors, property valuations and self dealing?
My elderly father lives in New Zealand. My mother died recently so dad has now made my older sister his sole executor - we also have two other siblings. In Dad's will, his 4 properties (one is his former home, two others are rental properties and one is a beachfront/holiday home) are to be shared between us so we receive…
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Online Probate not granted
Father I laws will has 2 executors, who are the only benificaries, one being my husband and the other a family friend whom was the closest friend the deceased had. All very simple, except the friend has no internet, no passport and does not drive - so no photo ID. Probate was applied for on line, the friend filled in the…
