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CGT - Principal Property Relief when a Life Interest Trust exists
Morning allHaving read several articles and forum posts, it would be really helpful if any fellow member(s) could confirm (or otherwise) my understanding of the following situation;Residential Property - Tenants in common 50/50. Husband/wife.Individual wills - Life interest Trust created in favour of the surviving…
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Struggling to get medical records on deceased
Good evening, I am not very clued up in this area, have been doing some research online and am just even more confused, so I was wondering if anyone could kindly perhaps offer any knowledge or experience they have in dealing with this situation please. Long story short, my sister passed away last month. She was in hospital…
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Transferable nil rate band query
I would be grateful for some help with this please. My mother in law passed away on the 3rd Feb 2025 (1) We are applying via iht402 to use the TNRB from her first husband who died in 1977. We believe his whole estate passed to his widow but because it was so long ago we are not able to document this. (2) Her second husband…
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Inheritance of Contents of a Deceased's Apartment
I am executor for my friend's estate which includes an apartment that has been specifically bequeathed to his wife. The will states ' I give Property - address and name of beneficiary'. However, the will does not specifically mention the contents of the property. There are three residual beneficiaries, the wife and the…
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What should I do - will ?
Hello everyone I’ve had a look and I’ll keep looking in the forum .
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UK citizen with non UK wife..... Will advice problems
I have spoken with 5 different Solicitors about my new will and have 4 different opinions !!! im 70 years old UK citizen my wife of 29 years is not a UK national ,or UK domiciled , she has property overseas , our daughter is a UK national .. My UK estate is probably in the region of £650,000 including a £450,000 family…
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Help on Inheritance Tax forms - Are the required for estate of 375k going to grandchildren?
Hi, My father's estate is likely to worth about 350-375k (from house sale less funeral expenss etc). The contents will be offered to charity shops and have no real value. He has little in bank accounts. The estate has all been left to 4 grandchildren in the will. Me and my brother are executors. So this estate value is…
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IHT404
My brother, a non-uk
domicile, passed away earlier this year. His spouse is also a non-uk
domicile. He held assets not
only in the UK but also the Isle of Man who will not release the
assets until they have a UK Grant of Probate (although in this case a Grant of Letters of Administration as there is no Will). Having been…
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Wills and repayment after death of loans to children
Our son has a documented loan from us which he is paying
over 35 years by STO. We will both be dead before it is repaid, and all our 3
children will inherit equally. The outstanding loan amount will be the major
part of the inheritance and our son wants to continue with the instalments as
agreed but also have any cash…
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Claiming annual exemption on IHT403 form
I am a little confused about what to claim the £3000 annual exemption allowance on IHT403 form and would appreciate some help. In tax year 2018/19 two cash gifts were made by the deceased: one of £3000 which was more than 7 years before date of death and the other of £12000 which falls in year 7 before death. Should I…
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Timing of Deed of Variation
Currently executor handling a poorly written will. Trying to agree a Deed of Variation which should allow claim of the RNRB downsizing allowance - would save £70k so both beneficiaries (who are also executors) are better off. Other executor has personally engaged their own solicitor (not acting for estate) who is insisting…
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Advice regarding distribution of the estate
Thank you for taking the time to click on this. My father passed away a little over a year ago. He had just shy of £30k in his bank accounts. There is no property or larger material assets. After speaking to the banks we were told that they could transfer the money and it didn't need probate. The money was transferred to…
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Ascertaining debts for Probate
Hi all. I've looked at various other threads for an answer to my question, but couldn't quite find what I am looking for. I'm looking for advice on how to enquire about debts for a deceased estate with creditors without formally acknowledging a debt. My mum recently passed away and I have started the process to value her…
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C1 form for someone with no experience. No will was left and I am not legally related to the person
This is quite complicated. Someone who was in my life since I was about 4 years old and was a carer for my auntie and then was also looking after me as a guardian (through social work) at the same time and for a few years after. He’s basically been my dad my whole younger life but we are not related. He didn’t have any…
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Probate: Unmarried couple: IHT, RNRB, Trusts & Land Registry
Hello, first time post
to this forum and apologies for the length. I have searched and read through
previous posts and ‘think’ I understand the issues but would like to check
please. Background My father died in
March this year. He lived with his long-term partner (un-married/no civil
partnership) in their house which is…
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Do you have to call in all loans owed to the deceased in probate?
Most of the guidance I have seen concerns debts owed by the deceased. This query concerns a debt owed to the deceased. He had loaned an acquaintance a considerable sum of money to start a business (documented if a bit casual). There is likely to be a bit of dispute as to how much is owed and when it should be paid. Does…
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Inheritance Tax Forms 435 and 436
My Father in Law passed away in February 2025, leaving his house to his direct descendants, his son and daughter. His wife passed away in April 2016, am I right in thinking I have to submit 2 forms for IHT purposes. For him IHT435 and for his wife IHT436. Also are the amounts of unused residence nil rate band different?…
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Lost shares
Hi, my dad died in 2021 and my mum and us kids were left to sort out his estate, find lost shares, bank accounts etc. We thought all were found and dealt with and went through probate, but recently my mum has been contacted by a financing company telling her my dad had shares in the Tata/Corus the company he worked for…
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Care home fees/property
I need to find out the legality of the 60 year old relative exemption on being forced to sell my Mum’s house to cover care fees. I don’t own any property. I am 60 years old. If I moved my family into my Mum’s property and moved her to a local bungalow or warden assisted flat which would be more appropriate and I paid for…
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Probate grant mistake (theirs)
Having come to use the grant of probate for the first time I realise they have put the wrong estate valuation figures. I put the exact amount as advised by IHT and they have moved the comma making millions rather than thousands.....what do I do ? I should have checked when I received it but never thought they would make…
