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Claiming deceased spouse IHT relief
Hi, I am trying to get my head around IHT especially any unused relief from my deceased wife (Nov 2021)She left everything to me, so no IHT relief used. I now read that I should have claimed her relief within 2 years of her death. My estate, currently possibly £700,000, will be left to my 2 sons. Will they have to pay IHT?…
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C1 Confirmation in Scotland
I have completed the C1 document and the net estate is less than £300k and not liable for IHT. Q1. I have noted £8k of family cash gifts on the C1 in boxes 23, 24 and 25. (Boxes 9, 11, 15 plus inventory are all £8k less) Do I need to note an expanation / breakdown of the cash gifts on the C1 or any other document to…
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C1 Grant of conformation help
My Mum recently passed away and I am trying to help my Dad save money in solicitors fees by completing the C1 form for Grant of conformation. My Mum had several cash ISA accounts in her name and one of them is requesting grant of conformation. They have a joint will and the property has a survivorship clause, and…
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Will / trust
My dad has recently passed away and I am confused about the will. Mum and dad had mirror wills. They were tenants in common. Mum died in 2018 and left her share of the home in trust for 3 daughters (all over 18 / left home) with dad having a life interest to remain living in the property. Her residuary estate passed to…
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Deed of Variation
My father recently passed away.My sister and I are both executors to the will. We would both like to make a deed of variation to pass our entitlement to his cash to my niece and nephew (My sisters children). Can anybody point me in the direction of a form we could use to do this? Would we need 2 forms or just one?When we…
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Inform Land Registry of Death of Tenant in Common?
My father passed
away 6 years ago (just after the start of the pandemic). He and my mother owned their home as tenants
in common since 2016 – they severed the joint tenancy at that point; they had
mirror wills in place naming my sister and I as beneficiaries of his share. A solicitor handled all this for them. After…
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Administrator having sibling trouble
Hi my brother died last December witbout a will, im sorting everything out and have been granted probate and letter of administration, my sister (whom I'm keeping up to date with this) keeps texting me that her ex son in law ( an American lawyer) seems to be taking an interest, ive told my sister I'll provide all paperwork…
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Codicil for a Will
I’d be grateful for advice. A friend, early seventies, made a will in 2000 or so, dividing her assets 50/50 between her two adult children. She remains happy with this Will. She wishes to add a small codicil, allowing 5% of her assets to go towards servicing the upkeep of an overseas property for a duration of 7 years,…
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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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Where to get copy of historical Confirmation document in Scotland !
Trying to get copy of Confirmation for estate I was sole executor for in 2004. ( hard copies lost during 2 house moves ) The Civil Court in Livingston does not store them that far back and directed me to the NROS in Edinburgh which wasn’t sure if they had them. Be grateful for any insights, Cheers
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Council Tax on a second home after Probate
I'm aware that councils continue to allow 6 months after probate is granted free of council tax. The intention is that the property will be transferred to my name (my sister will take other assets), however, we would like to renovate the house whilst still living in our current property. I think i have read somewhere that…
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Keep discretionary will trust?
My father-in-law died in May this year, leaving my mother-in-law living in their home. Their estate is currently worth around £1.3 million, including the house, so probably some IHT to pay when my mother-in-law departs and at 92 and frail, that may be sooner rather than later. My brother-in-law hasn't yet started probate,…
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Inheritec?
Has anyone heard of this company?
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HM Land Registry - Witness & Verification of ID - Forms AP1, AS1, ID1
Finding the HM Land Registry forms very difficult to understand , having to navigate to different links on HMRC website to figure out how to complete various sections of the forms AP1, AS1, ID1. These forms are for the transfer of my deceased father's property to my sister and it should be straightforward as no third party…
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ISA and general investment account, CGT position
I'd be grateful for a sanity check as a friend is asking me for help as they have had conflicting advice from professionals. The deceased had investments in a stocks and shares ISA, along with investments in a general (non-ISA) account. AIUI as the death was within the last 3 years the investments in the ISA have continued…
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Latest on Interest Bearing Accounts for Executors
A simple search I've just done with Google quickly threw up one possibility offered by Cater Allen, who appear to offer Executors fixed term deposit accounts of varying fixed periods at reasonably competitive interest rates, so long as you are a "personal customer" and have a minimum of £5000 to deposit (plus a few other…
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Probate query for overseas shares
My father is a UK resident and like other people he has several small share holdings that are domiciled in Jersey and Guernsey in addition to his UK shares. All are held in a normal UK stocks & shares ISA with a UK broker. Would these holdings mean that, in the future, probate would need to be obtained in Jersey and…
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Estates petition
Evening all, I was wondering if anyone and everyone could sign this petition and share it? https://petition.parliament.uk/petitions/751937 It's a petition to hopefully help estate beneficiaries, if they ever get stuck with the executor from hell.
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Will and trust query
I don't know if anyone can advise me on here but here goes: A couple of years ago my parents arranged with their solicitor to set up a trust for myself and my children in the event of their deaths. I'm sole carer for my severely disabled husband and so am living on means tested benefits. My parents set up the trust so that…
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No Will but have I got a case?
I don’t know
