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Confused.com on IHT and CGT
My grandmother passed away in 2019 and through her will, placed a property in trust giving my aunt the right to reside in it. My Aunt lived in the property all her life as her main residence, but she has now passed away (May2023). Im in need of advice as I’m seeking to sell the property, and would like advice on the CGT…
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Vested intrerest?
Hi, In the UK can someone gain a vested interest before probate is granted?
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Legal or not?
My grandparents passed away and their house has been through probate and will be sold in the coming weeks. The executor of the will has debts in his name (unpaid council tax and rent) at my grandparents property. He is going to use the other beneficiarys share to pay these off even though these debts are in his name alone.…
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Probate lapsed how assign property
My mother in law died over 2 years ago. We were unaware that probate lasped and having dealt with the rest of her estate are left with a wooden shack which we need to assign. it is unclear if this property is registered with the land registry as it is off grid. how do we go about assigning it? is it even worth considering…
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IHT Gift and joint account
Just a quick one I hope someone can help me with. My mum regularly gave me and my brother the £1,500 annual gift allowance limit per year, whilst my dad often gave more than this because he said he had a larger income than her - and usually moved him money into the account ahead of the payments. But it came from their…
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HMRC response time September 2024
hello. I wondered if anyone had any idea about HMRC response times at the moment? I appreciate it will vary dependent upon the topic - and I have raised this before elsewhere some time ago, so apologies if I should have repeated/updated my question there... I received a letter from HMRC in April stating that they would…
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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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Help with an unresponsive solicitor
I am both a beneficiary and an executor of my mother's will. My mothers house was sold on the 20th of July after a number of shambolic attempts to get it sold. Completion day was the 20th of July and the new owners have been living in the house from the same date. On the 20th of July the solicitor informed me, there were…
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Land Registry form query
Help please with Land Registry forms. My Dad and Mum owned a flat as tenants in common. Dad has died and I am executor, I have obtained Grant of Probate. The flat now needs to be just in mums name. Am I right that forms TR1 and AP1 are required plus ID1 for both myself as executor and my mum as transferee? There’s a form…
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Marital Home IHT Exeption Still Apply If Estate Varied To Son?
Current IHT rules state that if a marital home passes to the surviving spouse/partner, it is free of inheritance tax. If some or all of the value of that house was varied in a deed of variation to a son, is the house's value still free of IHT? Or does HMRC consider that as some or all of the houses's value is no longer…
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IHT online calculator - no will
Applying for probate and going through the IHT calculator and want to check that I've interpreted these correctly. The probate relates to a person who has died without a will, but has a surviving spouse with a jointly owned home. Did they leave a home to a direct descendant? Answer: No (because there is no will) What was…
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IHT & Probate
Dad's estate is well under the IHT threshold so I presume that I only need to put the value of his estate (flat) on the probate form. No other forms are required? Thanks
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Buying out siblings advice
I'm currently going through a solicitor (well conveyancer) to help me buyout my two siblings from their share of the inherited property and I get the impression they're making it a lot more complicated than it needs to me so looking for some advice, particularly if you've been through the same process. Quick background; we…
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Interest in Possession Trust - ongoing administration
I am the lead trustee of an Interest in Possession trust which was created when my sister died. It gives her husband the right to remain in their house until his death. A Will trust and a Property Trust have been registered with HMRC and I have written confirmation of this from HMRC with Unique Reference Numbers for both…
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Probate problem
About to start the process for my father's estate - he had a Deferred payment scheme with the council for his care home fees and when he died we repaid the amount that was owed on the loan. Is there a section on the application where we can list this amount (£34000) The is left to me. Any advice please before I start the…
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Change in inheritance tax rules
A friend lost both of her parents in early 2023, probate is still ongoing. If there are changes in the inheritance tax laws in October will that affect those currently going through probate? I think probably not but checking to see if that is correct.
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Probate Granted - Ready to move on
My father passed away just over 12 months ago and probate was granted in December 23. I am the sole beneficiary and executor. He owned a house which is in his sole name (following the death of my mother). My husband I also own our own home, We want to move into my dads old house and sell ours - does anyone know if there…
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Care home
My mum remarried 20 years ago but her husbands name was never added into the house deeds so the house is solely in my mums name . He has now had a major stroke and is unable to return home. I have had advice from the CAB and they confirmed that my mums house will not be taken into account as when it comes to care homes it…
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Discharge document renouncing a legal rights scotland
Hi, I am hoping someone can help me draft a letter to my brother who was removed from our mother's will. She did not want him to gain anything after her death due to some of the very cruel things he did to her and they hadn't spoken in more than 10 years prior to her passing. I want to honour her wishes but am bound by…
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Grant of Confirmation
With the great help of this forum I submitted a grant of confirmation form C1 to my local Court a few months ago. The process is now concluded but it was twice returned to me, wrongly in my view, and I would appreciate comment on this, specifically the second return. Note there was heritable estate (property) and a…
