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What happens to money in a 're' account
My partner's father died recently; he held a number of accounts for his grandchildren, some of which were set up as "Mr J Bloggs Re Miss A Bloggs" and others which were set up as "Mr J Bloggs, Miss B Bloggs". We are confused as to who owns the money in these accounts - we know that he would want the kids to have the…
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Lost Deed.
Hi All I need advice. My father died in September this year.To our amasement the deeds to his house has been lost. My mother died six years previously and therefore the the house was in sole name we think. The family home was bought in 1963 and therefore, was'nt registered. We have a couple of EX Building Socities to go on…
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A little advice needed please
Hi everyone, my mother passed away in August and made me executor of her estate.. I have an older sister who saw very little of our mother but seems to be a little upset this duty wasn't left to her. I have a couple of questions if anyone could be so kind as to help. My mother owned her own property (and lived alone) and…
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Executors duty to debtors?
My mum passed away a week ago today ... Grand old age of 91 so can't complain really :o I am the sole beneficiary and also the sole executor of her estate (mostly made up of her house). Being 91 she paid everything by cheque or cash ... Direct debits and debit cards were a complete no-no for her. The problem is that there…
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House sale proceeds held up
Wondering if anyone had any advice on this at all. My cousin has been waiting weeks for his share of the sale of his mum's house after his stepfather passed away. His stepfather was on disability, so apparently, according to the solicitor, it was forwarded to DWP to see if there was anything owed to them. He was told to…
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Solicitor problems
We changed solicitors four years ago and the original solicitor has the deeds to the land of which I am the beneficiary of my uncle's will. Our new solicitor says that he has asked for them to be passed on to him but this has been continuing for about two months now. I rang them myself but they refused to deal with me…
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Can I write off my inherited debt following my dad's death?
Hi, I'd really like some help... My dad died just over a year ago. He was retired, unmarried and I'm his only child, so I'm the sole beneficiary of his estate. He banked with Lloyds and had one account and a loan with them. I filled in all the forms and provided the relevant evidence, and once the final figures were offset…
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Banking Protocol for Estate Administration - Lloyds TSB
Sadly, my father passed away in April this year. My two sisters and I were appointed as joint executors under his will. I have been dealt with all of the paperwork relating to his financial affairs, simply because I worked in a solicitors' office after leaving school many years ago, and I'm more au fait with this kind of…
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Probate and money from current account question
Hello, I've got a little question, but I'll have to give some background for it to make sense: I (along with another family member) have been appointed executor for a deceased relative. We are intending to applying for probate, so that we can deal with the deceased's property etc, but havent got it yet; first we have to…
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Will making questions?
Hi all Need some advice regarding wills. Background. After the recent passing of both my parents, I’ve contacted the solicitor I used for buying our house as I need go to a solicitor soon to swear the oath for both probates (once I get the paperwork) and talk to him about getting my parents 2 houses, we intend to rent out,…
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How to find all the savings etc? Any tips?
Hi there, my dad passed away a few weeks ago without a will and I am trying to pull together all of his finances. I have been through all his paperwork but I am still a lot down on what I expected him to have. I am getting access to his emails but does anyone else have any tips on how I can find out about all his accounts…
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Letters of Administration. Wrong Advice
I recently posted several questions relating to advice I was given by a Will writer who was going to handle letters of administration for me. Following the replies I had combined with gut instinct I terminated the services of this person. This person was to apply for L of A, suggested a 95-5 split of the only asset, the…
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Inheritance - beneficiares are dead
What happens when named beneficaries in a will have died ? does their name get taken off the will, and their share gets divided to the remaining beneficaries ? . Or do the exectutors/solicitor have to trace the deceased beneficaries next of kin , are they entitled to inherit ?
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Winding up an Estate
Does an estate have to be entirely completed before any monies can be distributed to the beneficiaries. For instance if a person is left a set amount of money and that money is available, can that money be given out. Or does every thing else have to be completed, such as a property in the process of being sold.
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Paying utilities on deceased's empty house
My father passed away yesterday. My brother and I are executors and sole beneficiaries of his will. We have been to the building society and informed them of his death and his accounts are now frozen until we have probate. What happens to the direct debits which are set up to pay utilities on his house? We will want to…
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Joint bank accounts with Mum - is probate necessary
A few years ago Mum had me added to her two bank accounts as joint account holder. She passed away yesterday after a short illness. She had a funeral plan (all paid for), so the family only expect to pay for the reception afterwards, and then later on for the interment of her ashes with our Dad. Her estate at the moment…
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Mortgage of the deceased
Hi I am hoping you can help me and I apologise if I am posting in the wrong place My father-in-law died in July and my husband is one of the executors of the will (along side a solicitor) He had paid 19 years of a 20 year mortage with the Halif*x Upon his death we wrote to the mortgage company with a copy of the death…
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How to setup a Will to reduce IHT for family over threshold?
We are married, currently with one young child. Our estate (mainly due to the rocketed value of our house over many years) will be over the IHT married joint limit of 650K. What is the best way of setting up our wills to ensure the survivor partner and child aren't hit with a tax bill? Would it be best to leave a…
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help with bank account?
my mum has only a matter of weeks left`and is going into a hospice in the next couple of days. obviously she is anxious to get hers affairs sorted before this but i am not sure how best to advise her. at the moment she has a bank account with a cash card so that i was able to pay her bills and pay for her shopping etc. she…
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Care homes and finance
Dear all, My grandmother was recently diagnosed with Alzheimer's disease, but was still capable of living alone. Recently she was taken ill and as a result of the illness, the symptoms Of Alzheimer's have become increasingly prominent. So much so that it has come to a time where she must go into a care home. This would…