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Probate House Sale
we have put an offer in on a house back on 12th April 2024 and the offer was accepted. We then were informed that the house was going through probate and it had been submitted 2 weeks prior to us putting in an offer. (we didn't realise that the house was a probate house until after the offer was inputted) the estate agent…
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Transferring ownership of a property.
Transferring a property into one person’s name My sister and I inherited a maisonette from our late father. I’ve been living in it for the last 8 years. The flat is in a run down state and requires gutting and complete refurbishment inside and out. My sister and I have agreed that I give her 50k and transfer the property…
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Selling house to pay for care home
Hi, Our mother is the one asking these questions when we are suggesting selling the home, so please, no insensitive comments. Our mother needs to go into a care home. At a guess the house will be worth £500 - £600k. It's her only home. If she sells it, I don't think there would be any capital gains as it is her only home.…
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Inheritance tax?
What is the maximum amount that I can leave my two sisters before inheritance tax is due? Thanks.
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Contesting a Will - Ireland - Help/Advice Needed
I'm hoping someone can advise me. Two years ago, a family member of mine passed away and I was the sole executor of the will, inheriting everything as the closest relative. Around 2 months later, a stranger emerged and contested the will, alleging that the entire estate had been bequeathed to them. This raised red flags…
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Applying for confirmation in Scotland
Hi All, I am trying to get confirmation for my mum's estate but having difficulties. I submitted forms C1 and C5 along with the relevant documents but they have today been returned by Dundee Sherriff Court with a letter saying that they are unable to process the application in its current form, but with no explanation as…
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Saturday valuation of shares for probate
If a person dies on a Saturday when the Stock Exchange is closed, should the closing price on the Friday before or the Monday after be used to value shares for probate? Thanks
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Lasting Power of Attorney preferences instructions
This discussion was created from comments split from: Lasting Power of Attorney question.
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Digital legacy and assets
Hi. I, like lots of others, have various digital accounts like facebook, linkedin, amazon,nectar etc What is the best way to leave access to these after i died? I dont want to write down passwords for obvious reasons but equally i want it to be straightforward for my executor to acccess. Any suggestions gratefully…
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Lasting Power of Attorney question
My DH and I are currently filling in the forms for a LPA. My husband is currently working and plans to retire in about a years time. I do not work, and apart from a couple of part time jobs have not worked for 26 years. Any money either of us has is in joint accounts and is considered 'our' money. This will continue when…
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Care home top up fres
My Mum passed away on 2/7 and was always adamant she owed top-up fees to the care home my Dad was in for approx 18 months (he died in February 2017). Would this debt now be passed on to her estate to be paid? How would we find out about it?
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Life Interest Trust, Land Registry changes required?
Hello, Hoping from some more guidance form the forum as I work through my father's estate. He and my mother (who is still alive) held their house as tennants in common and had mirror wills, each one leaving their half of the house to my brother and I, but with the stipulation that the surviving spouse can live in the house…
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Help regarding probate forms etc
Hi wonder if someone can confirm what forms I will need to complete regarding probate etc as the gov website is like a minefield. My mother passed away in December 2007 there was no will and everything passed to my Father who has recently passed away. My Father left a will and we have a property to sell which has been…
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Will Trustees and Creditworthiness
A father has passed away and left an immediate post death interest in possession Trust (mirrored with the surviving spouse who is the life beneficiary). There are three children who are identified in the Will as Executors, Trustees and Beneficiaries in equal share. Two of the three trustees are concerned about the other’s…
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Deceased Person's Investments
LOST PAYMENTS! My mother died in October 2022. She had fairly substantial holdings with large UK investment companies from which she received regular monthly dividend payments as her income. The investment companies were notified of her death and sent a death certificate within two weeks. This was also done at my mother's…
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What value to use for CGT after getting Grant De Bonis Non
Hi I'm seeking guidance please. I have recently been granted the above and trying to progress administration of my late mother's estate who died over thirty years ago, the then administrator died without completing the job.At the time of my mothers death there was no IHT payable as her house value was below the IHT…
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IFA unethical behaviour
Our stepmother died at the age of 87 last December, with a relatively large estate, having been inherited from our father who died in 2001. She was one of the first clients of a newly-formed IFA firm in 2004, and we believe that the IFA (Founder and Managing Partner) abused his position of trust and manipulated a position…
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inheritance
Background: Both my parents died in 2020. 3 adult children, a girl (myself) 2 brothers. We applied for 'letter of administration' as both died without a valid Will. Assets of parents estate are in the UK and abroad. At start of probate all parents bank accounts were closed and a new 'probate' account opened with balances…
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Executor ruining estate advice please
My FIL died in Juy 2020. His daughter was named sole executor with estate divided equally among his three children my husband, his brother and sister (executor). At confirmation the estate was valued at over £1m which included a small business, various properties (which were rented out), residential home and many personal…
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Inheritance Tax when property has been gifted
It would be helpful for thoughts on the
following scenario please. Mr
& Mrs A and their daughter all live together. The house they live in was previously owned
by Mr A but this was gifted to his daughter more than 7 years ago. Mr A (and Mrs A) do not pay rent. Mr A’s daughter has never owned another house
she continues to…
