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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…
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Renunciation
Trying to help my sister through a very tragic time. My dear brother-in-law died abroad in Greece last October. Just a couple of days after arriving Skiathos early September 25, he was diagnosed with a bleed on his brain and rushed across the sea to hospital near Volos. Three surgeries to relieve pressure failed placed in…
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Simplifying affairs prior to death
Hi, My elderly parents and I (as their PoA) are seeking to simplify their affairs as much as possible in preparation for the inevitable with the goal to make things easier for the surviving spouse/executors and is a process we will also likely want to undertake with my wife's parents (and indeed for ourselves once the time…
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Where/when do we report income from estate between death and distribution?
My Dad died in Oct 25 and I'm dealing with his estate (Mum is executor but I am doing most of the admin and forms keeping her in the loop). He had a lot in S&S ISAs, a GIA, and some cash savings. (Plus main property and a holiday flat but they are jointly owned with Mum, and not rented out or anything). I have just sent…
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Estate distribution statement & account balance discrepancies
I am in the process of drafting the final account statement for my late mother which I had thought would be a fairly straightforward process. The issue lies in the fact there is a sum of money (sub 1K) which I cannot account for after taking into the balances at death, plus interest accrued, additional income and minus all…
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Can a trust beneficiary specify what happens to their interest if they die?
I am looking to find out if a beneficiary of a trust can specify what happens to their interest in the event of their death. I've approached a local wills and probate company, who prepared mine and my wife's wills, but after an initial communication, I can no longer get them to respond. In 1981, my late grandmother left…
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Life interest trust help
Hello, my father died last month and left a life interest trust in his will, allowing my stepmother to live in the property and benefit from any income from his savings. They were tennants in common, and I will inherit his 50% of the house and savings on her death. I am executor, and his close friends are trustees. His…
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Large Estate - DIY Probate
Hi all. Very early into the probate process after a family members death, but already, the Solicitors that I was thinking of using as the sole Executor are being very slow to even get back to me with a simple query. I haven't yet signed the forms appointing them to help with this. I am seriously considering going through…
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Beneficiary problems
My mother is one of 10 relatives sharing the estate of their late cousin. She isn’t an executor but a beneficiary. She doesn’t know or have contact with the executors. Her cousin died over 4 years ago, leaving a will with a firm of solicitors. The solicitors are not local to my mum or her deceased cousin’s property. I…
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transfer of inherited property
Hallo, My dad died in December and left his flat to me and my 2 siblings. It's worth about £140k. We intend to sell it. We just got probate so I have looked into notifying the Land Registry of the need to change ownership to us as beneficiaries which I assume is a pre-requisite to being able to sell it. I have already done…
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Probate Application - figures requested on Probate Application differ to IHT Online Checker
Once we have done the Online IHT checker, it comes out as no IHT payable - which we expected. The printed calculation to accompany the Probate Application shows the same figure for Gross and Net Probate Value. However, after putting in these figures, the calculation throws out a different Net Value. We can identify the…
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help me do a will
Hello Hope you are all well. How do you go about finding solicitor to write will and do POA I realise its free will writing month but happy to pay. We want mirror wills and POA sorting and we want to keep the wills at home. Is there an association that we can check for a local accredited one? I did a quick search on MSE…
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Completing probate online
I have just sent FIL inheritance tax forms off and know I can’t apply for probate until I receive a code number from HMRC . Can I start the probate forms online and save them so that once I get the code I am all ready to apply. Thank you
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Determining end date for administration period - help needed...
I am in the midst of drafting a "informal arrangements" letter to HMRC for the tax due for a simple estate. I understand that the administration period started the day after my father passed away. However, I am struggling to work out what to specify as the end date of the administration period in the informal arrangements…
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Death in Service 18-25 Trust
I wonder if anyone could clarify this for me. My sister recently passed away and I am executor. Her will also appoints me as Trustee in respect of her estate with her 19 year old son inheriting a residual cash sum - I am the Trustee for that until he is aged 25 as per the Will. Thus as I understand it this creates an 18-25…
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Are wills valid if stapled in top left corner?
I have a will written by WSL will writing (paid £150) I think back in 2020. I have been really happy with their service. However today since its free writing month i called a local solicitor recommended by the charities linked to the offer Chase Morgan Solicitors179A Dudley Road, Wolverhampton, WV2 3DR to ask if my…
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Free and Cheap Wills discussion area
This thread is to discuss the Free and Cheap Wills guide Just click reply to discuss
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Grant of probate
Hi, My dad recently passed away and my mum and dad set up a life interest trust on their will. We recently had a letter from the solicitors to me and my sister regarding costs, we have found out that we can get a grant of probate through gov online which is a lot cheaper. They have quoted over £3000 for this and land…
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Moral issue
Hi I am an executor of a will that left all monies to four adult sons Unfortunately one son died just before the father . He has three sons Two with his first wife one is 19 one is 11 He was divorced and met a new partner who had a daughter aged 11 They lived as a couple but did not marry and had a son who is aged 1 now It…
