-
Order of Service for Memorial Service
My sister died recently and I am attempting to assist my grief stricken brother in law with the organisation of a memorial service. She was cremated overseas so there are no funeral directors involved in this country. Can anyone recommend a suitable template for an order of service and where to get them printed? My sister…
-
Inheritance Tax and stuff
My Partner died very recently before he received an inheritance from his brother of approximately £50,000. He willed all his money and assets to me. The Solicitors dealing with his brother's estate have asked me for the death certificate, a copy of the will and my bank details. Will I have to include this money when…
-
HMRC code and probate process
A postal probate application was submitted in May 2024 and the most recent update was that they were waiting for a tax code from HMRC. We had understood that the probate application was 'being processed' but this article suggests that the tax code is required to submit the application in the first…
-
Advice in Will about "proof of funds"
What advice are folks including in their wills or accompanying documentation about the "proof of funds" now being requested by conveyancers during the house-buying process? There's a note in another thread that says "Anyone can claim they had an inheritance", or words to that effect. Is this a new requirement?
-
Immediate post death interest - anything I can do?
Hi My mothers will has an immediate post death interest. She owned half her house and my brother the other half (tenants in common with land registry) She passed and her will leaves her half to me but with the ipdi. It states my brother gets the use and benefit of my half till he dies. There is no 'get out' clause (i.e.…
-
Is the 3rd year anniversary significant?
Hi, As stated in my last thread over a couple of months ago, I've been in dispute with the other inheritor of a will for long while, now, and this ended up in court. The court ruled both of us should be removed as executors, and they'd assign another, independent solicitor to be the executor. I started the previous thread,…
-
UPDATING WILLS WITH A NEW SOLICITOR
In 2014 my late wife and I made Wills as tenants in common. She passed away in 2022 with Alzheimer's. Much of my Will, similar to but not a mirror one, is based on what she wanted and/or as suggested by the original solicitor. I have just made a new one on the "Free Wills" scheme with a new solicitor, donating £150 to the…
-
Charity donations and IHT
Does anyione know if it possible to specify in a will that charities will get a residue gift only if the estate aftrer deductions exceeds the IHT threshold? I have a relative who's estate will be dwindling rapidly due to care costs and has to balance a desire to leave to family and friends with charities. Leaving the total…
-
HMRC...V.. INTEREST OF POSSESSION IN WILLS
Hi, I'm looking for some advice.My wife are looking to protecting our 50/50 interest in our house.We've been advised to alter our wills to include " interest in possession " so that if one of us has to go into care, the other's 50% share can still go to our two children upon both of our subsequent deaths if the other…
-
set up trustee bank account for 4 adults to receive their inheritance
How and where to please
-
LPA and care home
My MIL has recently had to move to a residential care home. They have asked for both the LPAs (H & W) + (P & F). Is that usual? Thank you in advance
-
Worth getting financial advice?
Hi, to cut a long story short, my mother (the previous owner of this account) recently passed on. Her finances were spread across lots of different pots of money, and whilst I have a plan of action, I want to make sure I am doing everything as 'correctly' as possible, to make the most out of what I have inherited. I am…
-
Administrator responsibility for third party belongings
Hoping to gain advice on my duty as estate administrator (letters of administration granted). Family member who is not a beneficiary is still living in the house of the deceased (no rent ever paid to the deceased, and no contribution toward past/current utility bills) so the person has now been served with 28 days notice.…
-
Gifting a house to children to avoid care home fees...
Hi everyone we're currently in the process of sorting out power of attorneys for mil health & money the solicitor dealing with it has also brought up about gifting / putting her house into a trust with the 3 children being trustees, I believe it's a living trust so mil still lives there until she went in a home or died. I…
-
Evaluating content for IHT
Hello.I'm the executor of my latest dearest friend and I need to have the content that he left to me, as part of the inheritance, evaluated for IHT purposes. Yesterday I had the house evaluated by a real estate agent and it is around £300K-£325K (so it'll all go to probate and yes there's going to be IHT to be paid…
-
Gifts out of income & Normal Expenditure
My wife and I make monetary gifts to children and grandchildren - out of income. There is a lot of guidance on what such gifts are, but very little about "normal expenditure" or "normal living expenses", or normal standard of living". For IHT purposes, we were advised that we need to reduce our investments, so a few years…
-
IHT403 - Analysis of Income & Expenditure schedule
Apologies (esp to Keep_Pedalling) for coming back on the gifts topic again.Have spent time pulling schedules together which look at income and expenditure (and can be maintained), so my Executors dont have to. Frankly this would have been so hard for them. Regarding normal expenditure - I have looked at HMRC guidance and…
-
Distributing the estate
Sadly my grandparents both died earlier in the year. The house has been sold, accounts closed and all money has now been received into our executor account. How is the best way to distribute it to the five beneficiaries? I was just assuming we’d give cheques, but looking at my accounts they’re saying only £20,000 can be…
-
Wills and solictors
My friends mum wanted to draw a will. But she wants it water tight. She has schritzophenia (sp?) But is controlled through meds etc. How much do solicitors etc charge for the will etc. I heard upon death they may even charge percentage or something of the estate. Is this correct and is there a way around it?
-
An update to Brother Refusing to Leave Inherited Property
https://forums.moneysavingexpert.com/discussion/6538152/brother-refusing-to-leave-inherited-property/p1 1/ In May 2024, my brother was served a 6-week notice to vacate the family home, as he’s considered an excluded occupier (per our solicitor). However, he still hasn’t left. 2/ A court hearing scheduled for September was…
