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IHT to pay or not ?
Hi all. My husband recently died, and I am the sole beneficiary and the sole executor, in his Will. As the Will is straightforward I shall be sorting the probate, but I haven't yet applied. Do I need to know the total value of the estate before I apply? Do I need to include the valuation of our jointly owned home in a list…
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Tell Us Once & HMRC Response
Im the executor for my mothers will. Its pretty simple no IHT but of course with the sudden increase in interest rates and reduction in tax free allowance means some tax will be due but wasnt collected via PAYE for the last tax year and also for the few months of this current tax year prior to the date of her death. Its…
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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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Inheritance or gift - advice required.
Hi, my Uncle sadly passed away 15 months ago. With no will left his brothers have gone through the probate process and I'm led to believe my Mom (his remaining sister) will receive somewhere in the region of £60,000.00. My Mom still has a mortgage to pay off amongst other things but wants me to have a substantial sum, I…
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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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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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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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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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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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How to submit IHT400 online?
I can only find instructions on how to submit via post. Apparently the online forms are processed faster. Thanks.
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IHT question - historic property valuation
Hi all, hope someone can help me. My mother recently died & my sister & I are executors and sole beneficiaries of her estate which will exceed the £325k threshold. When her 2nd husband died in 2009 she was left a property ( and not much else of any value). As they were married at the time of his death, am I correct in…
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Assent question: ID1, ID3 or not required?
Hi, My mother passed away earlier this year and left a will naming my sister and I as joint executors. The family home has been left to my sister and I - it's the only house I've ever lived in and for the time being I will continue to live there, my sister has her own home. We received the grant of probate about a week ago…
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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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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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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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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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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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Issues with partners estate after death
Hi My long term partner (not married) recently passed away and I was the only person at the time to have access to their house. While everything is being sorted out (there was no will) the relations are starting to say I shouldn't have been in the house etc. but I already had a key from the deceased for 10 odd years and…
