-
SIPP and probate application
I'm about to send in a probate application for the estate of my late cousin, who passed away aged 69. He left a SIPP - am I correct in thinking this doesn't have to be declared anywhere on the form? I realise it is not subject to IHT (yet). Grateful for any help.
-
Discretionary Trust Will - how to wind up and do we need to do a DOV
My dad passed away this summer so my mum, brother and I as executors are sorting out his estate. As he had a discretionary trust will we are wondering whether we need to get further advice from a solicitor to action certain things or whether having a solicitor involved is even necessary. We would value any advice here so…
-
Tenants in Common and IHT
A while back when making new (mirror) wills my parents (married) changed their owned outright (no mortgage) property from joint tenants to TIC on the advice of their solicitor. Their wills say that any cash etc will go the surviving spouse, their portion of the house (50% each) is left to direct descendants…
-
Died intestate with no assets and catalogue seeking payment
Hi, I hope someone more knowledgable than me can help. My mother in law died intestate over 4 weeks ago. Her policies paid for the funeral and she had no assets, the house was rented and she had very little left in the bank. No letters of administration were applied for as the policies did not require these, neither did…
-
Distributing estate query
When my mother died 1 of my siblings wanted to continue to live in the house which was held as tenants in common with my father who also owned his own house outright. estate was distributed with my brother having my mother's share of the house and we took a higher share of cash assets . All amicable and solicitor did the…
-
Solicitor Executors insisting on a licence to occupy premises
I'd be grateful for people's thoughts/advice on this - My late mother left her estate to her husband (our father). My sister and I are her executors. 4 months after her death, our father died - having appointed his solicitors as executors, with my sister and I as beneficiaries. Our mother's estate is not yet finalised and…
-
Accidental landlord - first steps
Keeping it brief, Parent has passed away suddenly. The will leaves the property to the children with the provision for the parents partner to remain living there for as long as they like. Property consists of 2 floors which are each independent flats. Ground floor flat is rented out to a tenant (rent is paid directly from…
-
Car finance after deceased
my father sadly passed but he had a car solely in his name. We have informed the car finance company and provided them with a death certificate however they are wanting my mother to reply to an email to confirm her agreement to action a voluntary termination of the contract. It states for them to voluntarily terminate they…
-
Interest (or so it appears) on cash legacies
Good morning All. I've not posted for a little while as things have been chugging along with some ups & downs. My probate case is almost completed. It's been a journey to hell & back!I have a question: the cash legacies, cash gifts, have just been distributed to the beneficiaries with some added extra amount (there are 3…
-
Transfer of property to Beneficiary
Hi All I have been dealing with my late mothers estate, Probate has beeen granted and I am now in a position to complete the final task and arrange the formal transfer of her Leasehold property to the new owner, I have reviewed the various pages on the GOV website and have ascertained the following, the transfer will not…
-
Parents left a will, named executors and beneficiaries.
Hi. My parents both left mirror wills. My Dad dies 13 years ago. When my Mum dies, we have her Will to execute. Executors and beneficiaries are all named. We will need to sell her house to settle the estate (in Scotland and less than £250k). My question is, will we need to apply for Grant of Confirmation, to execute the…
-
Inheritance Tax Split Help
Just after some advice, I have a solicitor handling everything so I presume it will all be done correctly but I wanted to get opinions on this as I have tried googling and struggling to find an answer Inheritance tax is due on my fathers estate, he had a partner (not wife or civil partnership). The split is 60% to me 40%…
-
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…
-
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…
-
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…
-
Do I need an interest bearing Executors account?
Hi, As an Executor to an estate I am concerned about my personal Income tax. I have obtained grant of Probate and received the savings from the financial institutions. I used an old Nationwide Flex account to receive and pay out funds. The problem is with my MIL's flat which has structural problems. This is likely to cost…
-
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.
-
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…
-
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…
-
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…
