-
Executor nightmare
Families! I have cared for my ex mother in law since my marriage broke down 15 years ago. She had 2 sons. For the last 5 years her health had not been so good, I did everything for her and we were more like mum and daughter. As a result, she named me as next of kin and executor and her estate is to be equally split between…
-
Form c1(2022) Section 2 Declaration - Help Needed
Hi, need some help with the declaration section 2 on the C1 form. The rest of the form is good and complete but the court are advising there is something missing from section 2 but obviously can't say. In summary it is a large estate, we have the original will and was certified by a lawyer at time of writing. My mother has…
-
Rent not paid house pre probate
Hi we are in the position of having a tenant not paying rent (£8000 approx due) refusing to leave. WE have been to county court and we have been told we cannot be awarded an eviction order until probate is granted. We are currently in dispute with one of the executor/beneficiary and at stale mate with regard to completing…
-
Capital Gains Tax Allowance
Looking to sell property which is in estate and will remain that way until sold. If the person died on 1st May 2023 but we sell house tomorrow and submit capital gains tax, what would be total capital gains tax allowance that we would be entitled to?
-
Inheritance tax and care home fees question
Good morning I am unsure about the following (Google has not be my friend in this instance). A relative has dementia and the family have reached the point where we have realised she needs to go into care as we can no longer provide a safe environment for her. She has 2 adult children who have their own families, and her…
-
Selling property and Capital gains tax
Myself and my two brothers are Executors of my dads estate and the sole beneficiaries. He had a house that he was in the process of renovating when he died. Our plan is to complete the work and then sell. I think I understand that our options are to; 1. Sell the house as ‘the estate’ and then inherit the income from the…
-
Change of name
So I’ve been left a small legacy in my late uncles will and finally it is ready to be paid out. My only issue is when my uncle made out the Will (over 20 years ago) he put it in my married name. I’ve been divorced over 20 years and reverted back to my maiden name. The solicitor is now asking for proof of my change of name…
-
Small(ish) Estate in Scotland
Relative has no heritable property and has been chatting about
setting up his affairs to make things simpler to sort out for whoever is left
to deal with it (currently no Will/PoA, so that’s one job). Moveable estate in Scotland actually slightly above £36,000,
but monies in each bank below their advertised threshold (I…
-
Inheritance Tax - Passing on Nil Rate Band to Spouse
My mum passed in August 2022, and now sadly my father has passed too. I understand that her IHT nil band and residence nil band allowance can transfer to my father, but i cannot see how to do this. Grateful for any pointers.
-
PA1P question about "settled" land.
Hi, I am currently doing the probate myself on my dad's estate. He and my mother owned their house as joint tenants and he left his half of the house to my brother and me in his will. The will says that my mother can continue to live in it as long as she is still alive. I have downloaded the paper version PA1P in order to…
-
Moveable estate
Hi my late partner of 14yrs passed away in Cyprus, we live there. He had a Cypriot Will which was to be construed in English Law. His Will deals with immovable property but does not mention moveable property. We jointly own a car. Who inherits the car? He has 2 adult children from a previous marriage. I have been granted…
-
How long for banks and investment funds to release money (after probate)
I have probate for the estate, and have written to various banks and funds to request they transfer the money held to the executors. Can anyone advise how long it normally takes for the funds to be released? I have numerous creditors clamouring for payment of outstanding bills; the probate took seven months so I don’t…
-
Probate granted in 2021, no money received
Probate was granted in July 2021. I haven't received any money from the executor yet. It's likely to be max 15000, maybe less. What action can I take please, and is it likely to be successful? The executor does have sufficient funds.
-
Deceased self assessment questions
Hi, In November 2022, a relative passed away and left a valid will with a solicitor as the executor. The relative had three properties, one was their main residence, one had a tenant and the other was empty. The executors continued with the rental income untill the property went on the market in July/August 2023, when the…
-
A loved ones national insurance contributions
I'm not sure how correct this is but I was chatting to a taxi driver and he informed me his wife had passed away and he was able to claim back her National Insurance Contributions that she had paid when living and he received his first payment in a lump sum He said he had been advised by emailing this site. Cant find any…
-
Home insurance during probate + lodgers
Hi All, My mum recently passed away, she had 2 lodgers (a law student on a via and her husband) who were introduced through a friend. She charged them minimal rent and they helped around the house and kept her company. Anyway, i need to insure the house and the current insurers are quoting £900 per year, they were charging…
-
Help with letters of admin P1A1 form
Can anyone provde an explanation of the values entered in 6.3 and 6.5 below on the Letters of Administration form PA1A. Unfortunately its not obvious to me, I cant find the help explanation referred to in the sidebar for this form and the probate offfice dont answer their phones. Thanks
-
Applying letters of administration/probate
We are just filling in form PA1A (probate application without a will) and the last couple of pages (p.16 and 17) there are 4 questions ‘have you completed the following forms: IHT400 and IHT421 (Inheritance tax and probate summary - none to pay) IHT207 (if the deceased had a permanent residence abroad - no) IHT205…
-
How to transfer cash value in property
Hi My Father in Law recently passed away without leaving a Will. We are in the process of applying for Letters of Admiminstration. Father in Law was divorced, and as part of the divorce settlement he was given a cash value in the family home of around £45k. So if the family home was ever sold he would receive the cash…
-
USA shares and UK IHT
Are US shares and associated balance of dealing account (dollars), e.g. NYSE listed shares held at Etrade, treated as foreign assets for a UK citizen for IHT? I assume they are subject to UK IHT? Should they be put on IHT417 or should I just convert $ to £ on day of death and include on IHT411? Thanks
