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I don't understand inheritance tax
I recently lost my husband, and I feel dreadful. I have been bombarded with correspondence from the authorities regarding tax payments. I am entitled to a widows pension which means that I have to start paying tax. I was my husbands unpaid carer for along time and I was a non tax payer. A Letter from HMRC is asking for…
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Gifts, selling or inheritance
Hello, I'm looking for some advice or input on something I'm unsure about. Unfortunately, my father is terminally ill with cancer and he has a few months to live. As far as I am aware his will and affairs are in order. I've been to see him today and he's made a strange request. He wants to sell me his car for £1 and have…
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Should I cover myself with Gazette notice?
Hi all, I'm the executor of my father's estate that has difficult beneficiaries (I am one of the beneficiaries too). They have questioned why I never placed a notice in the Gazette for any creditors to get in touch. I've never been an executor before and never knew about the Gazette so it's my fault. I'm 99% confident…
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LeO complaint against solicitor
Hi 👋 My family have been having trouble with a solicitor for over three years now, so the LeO has taken up our complaint. Can anyone tell me if it is ‘ legal ‘ for the solicitor to hold onto our inheritance ( £50k ) from the sale of our late Aunts house. He has withheld this amount apparently until the complaint has been…
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Unmarried couple owning 2 properties with 2 children
Am I correct in believing that if one property is 100% owned by one individual in an unmarried couple and the second property 100% under the other individual on the Deeds at Land Registry instead of both being 50% owners of both properties this will be beneficial for IHT on death of either when there are 2 children? Will…
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Tenants in Common after death - what's required
My dad died in March 2022. He and mum owned their property as tenants in common. He left everything to her, and there was solicitor involvement (we had to get a deed of variation) so we thought no more about it She is now selling the property and having accepted an offer and started on the legal process it transpires that…
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Inheritance tax treatment of gifts when first parent dies?
I’m confused and can’t find the answer on HMRC website. I note the rules around gifting and 7yr period etc. What I can't see anywhere is whether any gift becomes liable for inheritance tax when the first parent dies or whether it only becomes a factor when the second parent dies (assuming the first parent leaves their…
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Property nil rate band
Does anyone have any experience of transferring the property nil rate band? it’s my understanding that I can transfer my mothers unused property nil rate band now my fathers passed. My father had remarried but my mother’s allowances hadn’t been used as it all passed to my father before he remarried. Because my mother…
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Reluctant Executor
Where there are 2 Executors for an Estate, is there a path for one Executor to cancel their role due to inability and/or ill health?
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Abandoned property, no probate
We bought a semi-detached last year and the attached property is abandoned. A family come from time to time to clear it out, but it's a mess and we get rats. We later found out it's been empty around 10 years, lady died 3 years ago. I've checked Land Reg and property still registered to lady who passed away. Probate check…
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DWP recovery from estates - Pension credit
My mum recently passed away in September - she was in receipt of a very small state pension and so she got pension credit. These were her only forms of income until 5 years ago she had a serious fall and became disabled and then she qualified for attendance allowance. Over the years I have always lived with mum, and I took…
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Inheritance
In short, my aunt passed away in 2022 and had written her will in 2018 when my daughter was 6 years old. At this point I only had one child and my aunt left her quite a bit of money in her will. Fast forward to 2022 when she passed away, I now also have a 2 year old and then went on to have a third in 2023 - so after she…
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Credit card charge on probate fee.
Paid and sent off the probate paperwork last week.Today,checking my credit card transactions online,I was shocked to see a cash fee charge .It was dated the same day as I paid for a few other items so not sure what it was for. I rang my card provider and was told it was in connection with the probate fee,5% of £218…
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Applying for Probate for an Adopted Person
Probably the first of many questions! I’m just about to apply for probate for my recently deceased, adopted son. I understand I need to obtain at least 6 copies of his birth certificate - but these are in his birth surname not adopted surname - do I need to order 6 copies of his adoption certificate too? thank you in…
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LPA query as result of BBC R4 investigation
I am sure many people will have been listening - aghast - at the "The Willpower Detectives", by an investigative journalist on Radio 4. One throwaway line in the final programme intrigued me. A senior legal person who'd been involved with the Court of Protection explained that the CoP didn't get involved with investigating…
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"Simple" Deed of variation to change from 3 to 1 beneficiary?
Hi - please can I double check the following? Our sister passed away, leaving an estate under the IHT threshold - mainly being her flat (or the equity in it as it has a mortgage) She left her estate to me and our two brothers. B1 and I would like to change the will via a DOV so that everything goes to B2*. Our reasoning is…
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Zero interest on money in “cash hub”
In the six months since my Mothers death, many of her fixed term savings plans have matured. The capital and interest are automatically returned to the “cash hub”, from where, were she still alive, they would be reinvested. Because the account is frozen, pending grant of probate, the company are refusing to move these…
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Now my mum's money
Hi, my dad very recently and suddenly passed away, my mum has had to contact banks, pensions insurance etc, not easy, all have been fantastic, helpful and supportive when she has made contact. When mum started the process with ns&I she didn't think anything different. Mum sent on a copy of dad's will, a copy of her…
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IHT allowance
This discussion was created from comments split from: Transfer of IHT allowance between married couples.
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'solicitor' - release of will
Hi can't find a subject for my query. My parents have phoned their solicitor to release their will, the solicitors that originally had it are saying it's been passed onto someone else! they were never informed of this! they had to phone here there and everywhere before they got hold of the person that had it. this person…
