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3 trustees agree, one does not
Probate has been granted and all trustees agree that the empty house must be sold. However one of the four will not agree on the estate agent to be used. They find spurious objections (eg the standard agency contract from a nationally known agency is “unlawful”) to any but the agent they personally prefer. That agency is…
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Making large gift. How do I allow for IHT?
My parent died with no cash in their estate. However, they owned a property jointly with me, which reverted to me by survivorship. As my sibling didn't get anything from the estate (though they benefited from a large gift from her when she was alive), I wish to share some of the proceeds from the property which has now…
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IHT423 & NS&I
We have a small (approximate 5%) balance left to pay for Inheritance Tax. It is the sum we requested NS&I to send directly. NS&I state they are currently only dealing with correspondence received before 19 March, our letter was received by them on 22 April. (sent via tracked letter so we know this is the date they received…
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C1 - awaiting NS&I figure
NS&I have told me it will be another month before they respond to my initial notification of Mum’s death which I did online on 8 April 2026. I have all other figures for the C1, except the interest figure from NS&I on her fixed term bond up to the date of death. Is it permitted to put an estimated figure on the C1 for this…
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Savings account in joint names
Hi, we are currently dealing with the sadmin of close family member who has passed. If a savings account was held in joint names, do the funds automatically become soley owned by the survivor? And not form part of the deceased's estate? Thanks
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Income and Dividend taxes : Update
Hi all, Looking for a little bit of guidance/confirmation on estate taxes (not IHT) liable on gains/losses between the date of death and the date of final distribution(s). Due to the sums involved it's likely there will be tax owing to HMRC at some point. My understanding is that we will have to pay tax at 20% on any…
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Contradictory advice from solicitors
good afternoon all I have a slightly complex situation that I would appreciate advice on Almost 2 years ago my father died. A week later my mother also passed away. Although they had been divorced 30 years, my father left half his estate to my mother My mother’s estate is being dealt with by a local solicitor as of the two…
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Probate - What do we receive?
Hi, My brother and I applied for probate with a will, earlier this year. When we applied (direct on gov website) for "Grant of Probate" we paid the fee (£300), and also purchased 5 additional copies at the same time. We received the 5 "Grant of Probate" copies with the seal (hologram) on the paper, but we have not received…
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Help with downsizing allowance.
I know that everyone has a £325,000 allowance and also main residence allowance of £175,000. We sold my fathers home in 2023 for £135,000 to fund his care home fee's.He has just recently passed and are starting to look into his estate. My question is are we allowed the full £175,000 allowance or just the £135,000 that we…
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If our sons predecease us leaving issue
We're in the process of revising our wills, and while of course we can discuss this with our solicitor, I'd like to get this clear in my own mind. It's fairly straightforward: first to die leaves it all to the survivor, survivor leaves it all to our offspring (3 boys) in equal shares. The executors are each other and the…
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C1 Grant of conformation help
My Mum recently passed away and I am trying to help my Dad save money in solicitors fees by completing the C1 form for Grant of conformation. My Mum had several cash ISA accounts in her name and one of them is requesting grant of conformation. They have a joint will and the property has a survivorship clause, and…
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Will Storage Question - recommended place
about 10 years ago we updated our wills and lodged them with a solicitor who specialized in wills. We also helped our parents update their wills with same solicitor who offerred a cheap joint will storage service. A few years later the firm of solicitors send they could no longer store family wills together and suggested…
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What to expect from an Investment Wrap Account once probate granted?
[note, I asked a similar question a week or so back but no responses - so mods, please feel free to delete that one & if I'm putting this in the wrong board I apologise, please move it!] Trying my question again - can anyone advise what my options and considerations should be with an investment wrap account now that I have…
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Joint trustee bank account
My parents both died with a short time period last year. There will has a trust in it. I registered a trust based on the will with HRMC shortly after my dad died to make sure my mum and benficaries were covered. Unfortunatly my mum died very shortly after the trust was set up last July. I am in the process of selling their…
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Contesting a will/expression of wishes
my father passed away December 2025. years leading up to my father‘s death he was very expressive about his will which we saw and was discussed on numerous occasions. He remarried three years ago and his wife told us on numerous occasions she did not want any of his money as he has his own. His estate has now gone to…
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Edited -Final estate accounts / distribution - Thanks to you all
I am close to distributing my dad’s estate. As the property was 50% mums ipdi trust I have split the net proceeds of sale (after estate agent / solicitor fees) 50/50. I will now deduct 50/50 for utilities and empty house insurance. Then just include 50% in the estate accounts and 50% income from the trust for the…
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Probate question - Do you need to pay for a house evaluation IF the property is WELL below IHT ?
Hi. About to start doing a relatives probate ourselves. They have a property that was valued 3 years back at 140k. No savings or anything else of value. Zoopla currently says it's £150k. The house next door which is literally identical was sold for 145K in December so we are very confident that it'll be around this price.…
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Problems completing IHT403
In order to make things easier for those who come after me, I decided to complete my own IHT403, listing all the gifts I've made in the last seven years. First problem was I couldn't complete Question 7, pages 3 & 4 on my Apple Mac, the numbers came out sideways for some reason. So I switched to Chrome and that seems to…
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IHT and discretionary trusts
I’ve a question about trusts. My mother has two properties (lucky her!) and she’s put one into a discretionary trust for my brother which he’s now living in. Does anyone know the tax implications please? If mum lives another 7 years, does that mean it’s out of IHT and all’s clear? After 7 years, does the trust have to pay…
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Registering IPD Trust
Hi all, As some of you may remember my mother left her half of her house to me in an IPD. The other half already belonged to my brother. The trust is just the two of us and for him to have life interest in my half (including investing my half if it is sold) until he dies. I find the solicitor did not register the trust -…
