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Plan after death for those without family
Hi. Sorry to be morbid, but I am on my way to 50 and been thinking about what I should do regarding my will etc. I have no children and no family left, so do not know where to start. I guess I would like to leave my house etc. to a good cause, it is horrible to think all of my stuff will just be sold or thrown away. It is…
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Will I need probate?
we jointly own our house and a rental, have our own stocks& shares ISA’s and our own cash ISA’s, our own and joint bank accounts and a joint bond. We have a mirror will, everything to the one who is left…..when one of us dies will probate be required or will the death certificate and the will be sufficient , or will we…
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Still being charged by British Gas
Hi gang, Dealing with nans estate and property as executor, I settled her last bill with BG, closed her account, and shut off the power at the fuse box. Then started getting letters from BG sent to her house addressed to "the occupiers" (notably not addressed to myself or sent to my house as executor which they were doing)…
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How to find Letters of Administration
My mother has just died and we want to add her name to her parents grave stone, my grandmother died in 1962, grandfather in 1978, I need to prove ownership of their grave but cannot find a will or any details when I input my grandfather's name into the Gov.uk wedsite for searching for probate. I believe I need this to…
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Some confusion with Solicitor advice
Asking for a friend, so possible that I am not aware of all the facts, but will detail the situation as I understand it. A daughter is joint executor with a solicitor of her Mothers estate. Probate is all in place. Her Sister is estranged from the family, and her and her family have only been left with minor bequests. The…
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Gifted Property Contents
Hi All, We were gifted a property by a living relative in early 2024. We moved into the property last year. The property is completely furnished, but there is no evidence (written or otherwise) to confirm that the contents were included in the gift. Verbally, this had been confirmed on numerous occasions, but there is no…
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Marriage and future IHT
Hi all Now I've got Probate, I'm planning ahead, with my partner, how best to manage the assets. We're fully aware that getting married (and amending our wills and getting LPOAs) is the most important thing we need to do. We'll be doing this to protect ourselves, my adult niece and nephew and my partner's two adult…
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IHT on gifts - can exemption be carried forward from 8 yrs ago to 7 yrs ago?
EDIT: Title edited to make clear I'm not talking about carrying forward for more than one year. So gifts made each year can be shielded from inheritance tax using the £3,000 annual exemption. If it isn't all used, the unused portion of the annual exemption can be carried forward for one year. Suppose I made a gift of…
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Co-Op mismanaging estate?
Hi Everybody, Sorry, this post turned out to be quite long. My mother recently passed away, and the probate/estate was handled by Coop. I was against using Coop because I didn’t trust them after hearing the sales pitch, but my sister was keen to use them and agreed to pay their fees, so I agreed on this condition (which I…
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Probate House Value versus Estate Agent Market Price
Hi all. Probate has now been granted on the estate I am the executor for, so I'm now in the process of selling the properties. I had professional RICS valuations done on both properties that need to be sold, but we had an estate agent round (Known to the family) and wants to market one of the houses for £175K more than the…
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Inheritance tax general question
I listened to Martin’s recent podcast about inheritance tax and have a quick question for all you experts! If a partner (married, civil partnership, or partner) dies but they are joint tenants, does the property come under their estate or is it discounted from the estate? Hope this makes sense and thanks in advance!
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1975 Inheritance Act - No win no fee
I am writing to you to raise a serious concern about the operation of the Inheritance (Provision for Family and Dependants) Act 1975 and the unintended consequences it can have for families administering estates .My siblings and I are currently executors and beneficiaries of our late father’s estate. We are responsible for…
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PoA on death - what I've learned
Dealing with my late mother's estate as executor I discovered a couple of things I wasn't aware of before in respect of the PoA's that I held to act on her behalf. First, the government's 'Tell Us Once' service does not include the Office of the Public Guardian - you have to notify them separately. Secondly, when you do…
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Reporting change to value of estate
If a further bank account is found for a deceased after HMRC has provided the executor the unique code, but before the application for a grant of probate, how should the executor deal with the probate application? It is a relatively small sum (say £900 approx) and there is no IHT payable at on the estate. HMRC say do not…
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Disabled Children's Trust
My 14 son who is autistic inherited £75k from my Uncle in his will. The solicitor handling the probate said that as he was a minor, they would put the monies into a bare trust, although the will did not stipulate anything of this nature. I stated that as he was disabled, it would be good if this were placed into a disabled…
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Shares after fathers death
hi guys/intelagencia After my dad’s passing I have a problem, We are still awaiting the cause of death through the coroners office but have a interim death certificate as he had a few quid even though he had a will and left all to me and my sister ( both get on fine and are happy to go halves) it seems like it needs to go…
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IHT liability on loans that aren't recoverable?
Suppose I die, and my executor delves into my past transactions to discover gifts I made. Suppose one of those past transactions was a non-commercial loan, e.g. to a family member. Suppose the family member hasn't repaid the loan - despite reminders - and it looks unlikely that it can be recovered. Would the amount of the…
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Confirmation Scotland (C1) and transfer of Nil Rate Band from predeceased spouse.
I am currently completing the C1 for my late Mum's Estate and we wish to make use of the full NRB which is available from my Dad - as her pre deceased spouse. He passed June 2023. I have checked using the gov.uk website calculator and there is no tax to pay on mums estate. It is an excepted estate. At Q21 and Q22 of the C1…
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RNRB Allowance
Hi all - I've been around the houses on the internet on this and it's as clear as mud, so yet again I find myself hoping you generous folk can provide the answer! Fil passed away Sept 25, owned his home with Mil (his wife) who remains in the property. My wife is executor. HOWEVER… when we sent the Probate forms in, we got…
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IHT409 and SIPP
My father died recently and I am completing form IHT400 as there will be some IHT due. He had a SIPP with Norwich Union. My understanding is that SIPP's remain outside the scope IHT until next year. However, I also thought that HMRC liked to check that the SIPP qualified. When I read the guidance notes on IHT400 at page 15…
