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Executors not distributing estate 9 mths after probate, while one of them is driving my mothers car
Mother died 1.5 years ago, probate achieved 9 months ago, My sister gets has a pecuniary legacy to include any inheritance tax due, and then my sister and i are 50% 50% beneficiaries of the residuary estate. My sister and another professional wills probate company ( not a registered solicitor) are executors. In the 1.5…
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Will Trust - Life tenant
I am a life tenant of a will trust set up by my mother. This is for cash only, no property. The trustees have invested it but have split it 60% income (for me) and 40% growth (for the remaindermen). I think this is unfair as I am 18 just going to Uni, and I think an 80:20 split would be fairer as I need the money now - and…
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Partition of trust and tax implications
My father passed in 2019, leaving his 50% share in his estate to me; currently held in trust as his wife has a life interest where she may may live in the property until she passes away or no longer wants to live there. She has asked through a solicitor (we do not have a relationship) if I would be interested in a…
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Discharge of legal rights
I’m in Scotland. I’m executor of my brother’s will. He has 3 children none of which are named in his will as he has named his grandchild as beneficiary. I have a discharge of legal rights document from one of the children from 12 years ago and it states, ”I hereby assign to my father and to his executors and assignees…
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IHT Calculator - Confusion for Probate
All I am about to apply for probate and I am struggling with some of the questions as it’s not coming out how I would expect. Person A has died recently and their husband/wife died before them in 2002c which they left person A everything. With this in mind, then this would mean that they have their own allowance of £325k…
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Resealing the grant of probate
Hello, Does anyone have any experience of resealing the UK grant of probate in a commonwealth country? I have received the UK grant of probate and need to have it resealed in New South Wales Australia, to be able to access shares held there. One of the steps involves having a signature witnessed by an Australian solicitor…
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Will item question
I’m a beneficiary in a will entitling myself and one other to a 50% share of the estate, part of which is a property. It states in the will that myself or the other benefactor gets first refusal on the property if we would like to purchase it so this would mean buying the other persons share which I intend to do. I’d like…
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Will Draft Includes Reference to Society of Trust and Estate Practitioners Provisions?
I am currently having a will drafted and the first received draft includes a reference to - 'The standard and special provisions of the Society of Trust and Estate Practitioners (2nd edition) shall apply'. I am not familiar with these provisions, but was wondering whether this is a standard inclusion in all wills and…
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Trustees for family protection trust
I really wasn't sure if another board would be more appropriate for this query; please do say so if it should be moved. Brief history: Mum and Dad set up Family Protection Trusts. Mum's was brought to an end a couple of years ago; Dad's was left running (he passed away nearly 10 years ago). We're not revising those…
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Secure Funeral Solutions Ltd in liquidation how do we get will back
Hi, I am trying to help the partner of a colleague who recently passed away. They made a will using Secure Funeral Solutions Ltd, 217 Portabella Road, Sheffield. This company has since gone into liquidation. They held the signed copy of the will at their offices and his partner only has an unsigned copy. Does anyone have…
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What steps to take next if executor is not distributing will correctly
I have posted regarding this issue a while ago but now need more advice so rather than repeat the whole saga I will just give the relevant parts I need help with. There was just one executor. They sold the mothers property in Spain and distributed the proceeds between the persons named on the will. The will states the…
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IHT exemptions
A question [simplified to keep the maths easy!] I am married. I have
two friends to whom I would like to leave a legacy. My estate is
valued at £2m. If, in my will, I
leave £1m to my wife and £0.5m to each of my two friends, then what
IHT is due? The official guide says that none is due if the entire
estate [above to…
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what happens to that money should she die before probate is sorted out.
My wife has been left a sum of money by her brother, what happens to that money should she die before probate is sorted out etc. We ask the question as we are both in our late eighties. Thankyou.
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House ownership after suicide
This one is a bit complicated but just wondering what the general rule of thumb would be with this so I can advise my friend when he feels ready to look into it. He and his partner have been together for 10 years or so she already had a small house with the mortgage paid when they met. About 7 years ago they decided to buy…
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IHT Form 411
Just started to fill out IHT forms & have Question on Form 411 Listed Stocks & Shares. Stocks & Shares ISA with Fidelity has multiple funds with different Quantities & Price, do I have to put all of these individually on the 411 form?
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Double Taxation
I declared all of the interest accruals on my mothers bank accounts at the time of her death for IHT purposes. They were part of her assets and were therefore contributed to the IHT bill at 40% rate. Since her death that Interest has now been paid to her accounts. I presume that they will be subject to Income tax now post…
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Solicitors taking inordinately long to deal with estate
The solicitors, who are the executors of my fathers estate, appear to be taking a ridiculous amount of time to deal with it, & are also very uncommunicative. My brother & I are the only beneficiaries, & whenever asked for anything have dealt with it within a week. Death - July 2019 Probate applied for - February 2020…
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IHT and Probate
Hi, I submitted a probate application in respect of my father on line as there was no tax to pay, thinking that the estate was exempted. I found out that I required to submit a IHT 400 because I needed RNRB to be below the threshold. I have now submitted the IHT 400 and all the associated schedules. In doing the IHT 400,…
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Isle of Man Probate - service delivery address
Hi, Does anyone know a good Solicitor (or similar) who will provide a service delivery address for a reasonable fee? I need an address on the IoM to allow me to apply for probate there. I think I can do all the form filling side of things but having an address on the IoM is a requirement. I would prefer not to use a…
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Equity release- pension credits- after death
Help please. My mum passed away with a large equity release loan. The estate has now passed probate and we have received a letter from DWP asking for asset etc in relation to debt recovery in connection with pension credits. My mum had no income and relied on pension credits and equity release to support her living. Can…
