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Legal expenses insurance cover for probate disputes
Does anyone know which date is relevant for legal expenses
insurance cover for a probate dispute? I have home insurance and have legal expenses insurance
cover as part of the home insurance. I am an executor on the will of my late father. Someone who was
not provided for in the will has put a claim against the will. The…
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C1 Confirmation form - advice before we submit our form
Like many other posting on this forum, I have found the advice given to be invaluable! Have been reading through posts on and off for a week to tackle this. My sister is the executor and brought together the figures but we've been working on the form completion together. Our father passed away in Sep 2024 and left a will…
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Help me understand a Life Interest Trust please!
Hello! New here and really in need of some help, please!? Background: My parents had mirror wills leaving everything to each other. In 2011 they added a codicil on the advice of their solicitor to leave a life interest trust (trying to protect some of their estate for my brother and I). My Mum passed away last year. I was…
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Probate Guide
Hi, sadly my husband passed away a month ago. He did leave a will, which is not complex. I have to apply for probate and need a in-depth upto date guide on how to do this. I did contact a solicitor for advise and was quoted £4000.00 plus a percentage of full value of the assets. If anyone knows of a good guide, please…
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Net Value for probate question.
Hi, Good morning can anyone help with this please? My Mum has just died a month ago and gave me the money before she died for her funeral. It was just for this purpose alone. It wasn't a personal gift for me. I'm filling in the probate form online now and for the Net Value for probate the form says "To work this out, start…
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Transfer of unused of Nil Rate Band from death of pre-deceased Spouse
Just a quick overview of the situation followed by my question: My mother passed in 2014 and made no gifts to anyone so all went to the surviving spouse (My father) so not using any of her Nil Rate Band allowance . My father has recently passed (Dec 2023) and as an executor I'm handling his affairs. His estate is simple in…
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Will issues arise if probate isn't applied for?
Hi all, someone i know passed away over 4 years ago now. They had 2 direct beneficiaries, both of which are joint executors of the Will. The singular house they owned, in which they lived, is worth in the region of £450,000, with the rest of the estate unknown (assume not loads on top). Probate has not been applied for,…
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Transfer of IHT tax allowance for property
If a spouse inherits the £325k IHT allowance, do they also inherit and retain the £175k for the property too? If so, do they then have a total allowance of £1M tax relief before IHT is to be paid by their children after death? Thank you in advance
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Beneficiary Purchasing Property - Stamp Duty
Hello I’m a long-time reader, first time poster and I’m hoping the
knowledgeable people on this forum will be willing and able to help please! My brilliant and much missed Grandad sadly passed away
earlier this year. My mum (his daughter) is the sole executor of Grandad’s Will
and has successfully obtained Grant of Probate…
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Executor indemnity insurance
Hi, My elderly relative is one of two beneficiaries of an estate with a solicitor as the executor in their will. The issue is that a “friend” of the deceased has written to the solicitors just after they passed away (now just over two years ago) and said that the deceased had told them that he had left everything to him in…
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Probate and the timeline
Hello, Sadly, I can't post a little picture here - I'm just a humble newbie ;-) We've been waiting since 14th August for probate. IHT400 all good. Luckily there was enough in cash to settle the IHT bill. What's concerning me is that the progress on the .gov probate site has actually gone backwards. If anyone has been…
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Sizeable discrepancy between figures on Probate and Distribution Statement
I recently
discovered that my mother left her entire estate to myself and my two siblings
in 1997. My brother obtained a grant of probate in 1998; it reported a gross
value not exceeding £180,000 and a net value not exceeding £70,000. However, in
1999, the solicitor reported a gross estate value of £17,993 and net of…
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Under 25’s beneficiary of a will
I’m the executor of a will which stipulates that the beneficiaries can only have their share when they reach 25. Do I need to set up a trust? If so how and where can I save the money on their behalf? I obviously want to keep charges to a minimum as it isn’t a large amount of money but equally don’t want it to affect my…
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The Dreaded IHT403 - Gifting
Looking for some help in completing HMRC form IHT403, specifically gifting from income. There don't appear to be any guidance notes whatsoever and I've now written to HMRCfour times asking for clarity - tried phoning, but lost the will to live while waiting to get through. Attempt one never got a reply as I didn't send it…
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Probate solicitors no longer trading
This is an interesting one…. My wife runs a small care company. She looked after an elderly man for a number of years who had no living relatives. He has since died and had a prepaid funeral. She has seen his Will, and he left his estate to a number of animal charities. His solicitors were contacted and advised of his…
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Unable and unwilling to administer brother's intestate estate
Hello, My estranged brother who I haven't seen in decades passed away recently leaving no will. I am his only living relative. I have already arranged and paid for his funeral but, for reasons I do not want to go into in detail, I am unable and unwilling to act as administrator for his estate and I can't afford to pay a…
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Inheritance tax question
Hi all, my question is I have a house worth 155,000 today. My mortgage is due to finish 2040. I have life insurance covering 105,000 which is mortgage value right now. So 105,000 on death approved by policy. Me and husband on policy, however husband may separate next year, things are going thst way, but he won't contribute…
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IHT 205
I am in the process of obtaining letters of administration. My brother passed away in Sept 2024 single and with no children. He owned his own house and had a 5th share on a property in Switzerland now up for sale at chf145000. Am I right in believing that I no longer require a IHT205 as these have been phased out ,? Am I…
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Am I Entitled to My Late Father's Pension?
Hi everyone, I need some advice regarding my late father's pension. Before his death, my father told me that he wanted everything to go to me. However, when he passed, I discovered that he changed his will and left his estate to someone else. Before I knew about the will, I contacted his pension provider and requested the…
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Chargeable Event Certificate
My sister passed away in October 2022, we used the Tell Us Once service to notify the concerned Government Departments which included the HMRC. In March 2023 Aviva issued us with a chargeable events certificate, the solicitor handling the probate has just advised us (11 December 2024) that they are waiting on the HMRC to…
