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Does a 'will trust' / 'interest in possession trust' form part of the beneficiary's estate?
My father is named as sole beneficiary of what appears to be an interest in possession trust. My step mother died recently, her estate value is approx £275k, consisting of cash and shares. With regard to the trust, my step mothers will states only the following: 1) My father has the right to interest from the trust for…
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Trust Will or simple Will?
3 years ago, when my husband died, I revised my Will, and was told at the time i NEEDED a Trust Will. It cost over £300! This was put in place, but since then, I have had doubts as to the need for this document in my case, but cannot find a simple plain English explanation about just why it is necessary. I am leaving the…
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Probate/Confirmation in Scotland - DIY for straightforward estate
Hi all, Appreciate any guidance. My dad died last month and this is all new to us. My dad left a will and the estate consists of 50% of my mum and dad's home plus his ISA. My mum will remain at home. I believe there is only one form to complete now - C1 form to Sheriff Court with £270 fee. Once we have confirmation there…
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Halifax and Bereavement
My father recently passed away ,he had an account with Halifax. So rather then sort my dad‘s estate and bank accounts over the phone I thought it be better to go into the bank and do it face-to-face. The lady in the bank Hold me that’s sorting my fathers bank accounts can only be don online or over the phone. so she called…
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Pecuniary legacy interest payments
My father's will left a set amount to my late brother's wife, who lives overseas. We have been trying to pay her the money but she is not returning the necessary papers to my solicitor to confirm identity etc. I have spoken to her, messaged her and emailed her. My solicitor has done the same, but for some reason she…
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IHT 409 help please
Thanks in advance everyone My Dad had 2 work pensions. One of which was a final salary type and I have had confirmation that there are no post benefits due. Children only so nothing left on that one. He had a separate draw down type where there is money left in the pot. He died under the age of 75 sadly and it's a…
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Equini** - dividend cheques issued with unusable payee - warning to others
30 months after my mother passed away, I'm still trying to conclude items. The latest which I've been helping my co-executor with is Equini** whose latest escapade is this... We completed their incomprehensible transfer forms, requesting they pay in any monies due into our probate/joint account. Instead, they issued 8…
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Wills / Financial Planning
Retired UK citizen resident in Spain. Property in both countries. Looking for recommendations on financial planning for updating current Will.
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Length of time for probate for death of a foreign domicile
Hi, Does anyone have any recent experience of timings for probate when the person who died was domiciled abroad? (France in my case). Just wondering really what sort of timeframe others have had so it might give me an idea. I reached my 12 weeks just recently and called them. They have the file but all foreign domocile…
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C1 Confirmation Statement Scotland Value of estate for confirmation Box 15
I am finalising my C1 form but it won't let me type my figure in box 15. Did anyone else have this problem?
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value of share
My partner died and we were contractors working through a company. Not married but lived together. Our company bought a house which was in lieu of a pension and we rent it out. I am the director he was the company sec. We have two shares for the company. The company books still show this house as at the price we paid in…
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Reporting estate income - letter vs SA900/SA903?
My mother died in January 2024, and I and my sister are (amongst others) the beneficiaries and executors of her estate. She left behind a some money and a house which was rented out to help pay for her care home fees. As we did not know how long probate would take (surprisingly quick, as it happened) we renewed the tenancy…
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Intestacy Dilemma
Some advice would be appreciated. England. My only brother W died last month in hospital just before a will was to be signed by him (he was too ill to complete it, hence intestate) in which he names a child he and his wife (d 2014) gave up for adoption due to health and addiction problems. It is a cash only estate. I…
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IHT forms process?
situation: two executors/beneficiaries on second parent will. Paid for a legal advice session which confirmed all is straightforward, no trusts etc, eligible for 2 x RNRB. Now going DIY. Both executors/beneficiaries in agreement (happily) and other person happy for me to make it all happen. No charity bequests, straight…
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Who physically pays the IHT following a large loan?
FIL has given a loan of say, £100K to a child to help buy their home. If FIL dies within the 7 years: 1. Does the child have to pay to HMRC IHT of 40K (its now tied up in a home, so how?!?) 2. If not, does the 100K just get "added" to the estate value, so all beneficiaries effectively share the burden of the IHT ? Child…
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IHT418 Trusts
Hi, I hope someone can help, this is very basic, and I am trying to navigate these forms. My parents both set up a 'whole of life' insurance policy in 2001, in trust for the beneficiaries, to mature when they both died, both parents have now both passed. Also they set up 2 'inheritor Trust funds' in 2010. Reading the form…
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Dealing with 2 x deaths, one with a will and one without
This could get confusing so bear with me. On 6th August- my Nan died. Then suddenly we lost my dear dad 3 weeks later. My Nan had made a will leaving my dad and his sister as executors. Dad then passed away meaning his sister would naturally be the one to start dealing with things. We visited the solicitor and she advised…
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Inheriting parents home with sibling.
So my mother wants to make a will so the house that she owns is left to 50/50 between me and my brother. My brother still lives at the property and would more than likely stay living there in the future. When the dreaded day comes would it be just a case of my brother having his name on the house remortgage it for half the…
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Will solicitor insolvent - advice needed
Hi all, about 7-8 years ago, my partner & I (unmarried, with 2 teenage children), took out a Will using a small local firm of solicitors, who I now understand were specialising in mortgages, but included Will writing amongst their services. I have recently tried to contact them to possibly make some updates / changes, &…
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Life Interest Trust & IHT400 (both parents passed away no trust set up)
Hi All My parents had mirror Wills set up with a Protective Life Property Interest for each other. Father died 4 years ago and the Trust was never set up. Our mother passed away in April 2025. We gathered all the figures together for IHT (the allowance of my father of £325k and our mothers £325k means the estate is under…
