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LPA reduced fee
My husband and I are starting to apply for LPAs, I don’t have an income so may be eligible for the reduced fee. I would have to write a letter stating that he supports me with his income. My question is whether they accept that or just say he has money so he can pay for it? Has anyone had experience of this situation being…
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Writing a Will
Hi all I've hand written my will. I have a couple of questions. Is it 1 witness or 2? Is handwritten ok or does it need to be printed? I've spelt everything correctly and I've dated it. only 1 witness at the moment. The witness is also the trustee. It's a basic will. Everything of mine goes to my 2 children. House,…
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Tenants in common/Joint Tenants and care home fees (mum and daughter)
Hello My mother and I are currently joint tenants of a house (done to help me out initially). I am beginning to think about the future and if (touch wood it doesn't need to happen) my mother needs to go into a care home, would it be better for us to stick to joint tenants, be tenants in common - 10% and 90%? OR transfer to…
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Beneficiary Has Taken Money From Estate Before Bereavement
I am the administrator of my father's estate it should be quite straightforward and a simple division of the estate between 4 children of the estate including me. there is now IHT to be paid as I have used the Spousal Allowance of my late mother. I have a small problem which I hope you can help me with. One of the…
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Am I being ignorant?
I reached out to an accountant to help with IHT and CGT for my late Grandmothers estate. The background story is rather complex so long-story short - a local accountant asked for documents to review and by doing so provided a lengthy in-depth summary of what is required for CGT and IHT. My concern is the invoice I am now…
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Inheritance Tax
Wondering which rules would apply to money gifted now, should the thresholds/ tax rate change in the October statement , eg money gifted now, person gifting money dies next summer and rules change in April 25 would rules at time of gifting or time of death be applicable?
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Gazette and local paper notice if executors are sole beneficiaries
My sister and I are the only executors and also sole beneficiaries of our late father's estate. Is there any good reason to pay (approx £400) for the section 27 notices because while this protects us as executors, any creditors would be able to claim from us as beneficiaries in any case? It seems an obvious 'no' but…
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Death in service and employer loans
I wasn't sure if this the correct place to post this - more of wanting to know rather than needing to address. If I have any loans with my employer and die in service, would my employer deduct this from my final salary payable if my death precedes payroll deadlines? If the amount of the loan exceeds my last pay packet, can…
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Do i pay the charities before taking expenses out of estate
Morning, I’m a bit confused. Once i have probate (applied online yesterday at last!) i know that certain costs can be deducted from the estate like inheritance tax, probate fees, estate agent fees etc. do i take these out of the estate before calculating the 10pc to the charities? Or do i take their money from the net…
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Can you remove items from a house before you know who it's left to?
Can you remove items from a house before you know who it's left to? Is there a way to report it?
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Help with Dad's Estate
My Dad is currently receiving end of life care at home due to a recent diagnosis of pancreatic cancer. My sister and I are the executors of his will and while I have time on my hands (currently sitting with Dad throughout the night) I am trying to obtain an understanding of what we need to do regarding his estate when he…
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Potential Changes to IHT rate
If the IHT rate changes from 40% to 45% in the October Budget, will those that have already started the probate process be protected from the rise or will they also pay the 45%?
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A Multitude of IHT Questions
Hello everyone, I am hoping I can get some advice here as I am completely lost in the whole process of probate. So my mother passed in June 2024, I am the 50/50 beneficiary to my mums estate alongside my sister. My mother had been in a care home in Ireland (all assets in UK) since 2020 and had no property (all cash and…
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is it regarded as an asset of my late husband?
Hi, I hope this is the right place for posting the topic. My husband passed away some months back. He did not leave estate, I live in a property where we paid mortgage jointly. We have this car, given by a friend. Husband stopped driving when he got very ill, the car is sorn-ed ever since.Now he is gone, I was thinking…
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Estate dispute - other side has applied to the Law Society to appoint an arbitrator
Hi, So I'm in a dispute situation over a will/estate with the other inheritor of the estate, and the other side has applied to the Law Society to appoint an arbitrator, via a "Appointment of an Arbitrator by the President Application Form" (annoyingly the form doesn't seem to have a code number). Although I'm not against…
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POA & will drafted but never signed
Hi folks Im looking for guidance / advice from anyone with experience of a situation that is completely new territory to me and has left me flummoxed. Earlier this year my mum agreed to a meeting facilitated by my half sister with a free will service organised by Macmillan, but contracted out to a legal services company…
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DIY Deed of variation
Hi everyone, I'm in a bit of a pickle trying to sort out my dear mums will. It will be 2 years at the end of the month, and dad and I are trying to resolve mums will. She wasn't happy with what the solicitor wrote, putting everything in dad's name, and wanted to change it. There is only Dad and myself in the will, and with…
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Is this counted as a gift....?
Hi, I'm pretty sure I know the answer to this but wanted to check with some MSEs! Thanks in advance. My Dad passed in June 2024. His estate is In August 2019 (so within last 7 years) he gave £60k to my sister's soon-to-be ex-husband, to allow him to pay off the mortgage on the house he shared with my sister. (The house was…
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Mirror Wills
Hi there, I need some advise relating to Mirror Wills. The section below is taken from my late uncles Will, I am trying to understand what the 'Absolute residuary gift' means in relation to his estate. Has he left everything to his wife and if so can she change her Will? And does that meant that everything under section…
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How to Protect Parents Assets and avoid 'Deprivation of Assets'?
Hi everyone, I’ve been putting off this post for a few months, My dear mum passed away before Christmas, it’s left me devastated, and I’ve been finding it hard to deal with the Will, and other only child / executor / family duties. Over the next few weeks, I’ll be asking a few questions on here, especially about ugly topic…
