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Beneficiaries of pension
Does anybody have any experience of beneficiaries of a Collective Retirement Account pension? The deceased set the pension up through a financial advisor. The financial advisor has been dealing with the company the account is with and suggests they set up new accounts for the beneficiaries as part of their service to the…
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Legal responsibility on inheriting half a property
Hello I am being left a 50% share in a property in a will with my sibling having the other half, the will says that the property is not to be sold and my sibling is to carry on living in it with no rent etc to be paid, if say for example the roof needed replacing, would I be 50% responsible legally for the roof replacement…
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Retain use of holiday flat
My partner has just been diagnosed with a very serious cancer. She has a holiday home in the UK that she would like me to continue to enjoy should she die but the benefit would transfer to her step-daughter when I die or can no longer make use of the home. We are not married or in a civil partnership. I have read of a…
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IHT400 and property in will trust
Although we will be using a solicitor to submit the IHT return, I am trying to keep costs as low as possible by obtaining the values and documentation myself and draft completing the return as best I can. Something I can't find an answer to is whether I have to include the marital home. My mum was the sole owner, but an…
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Applying For Probate Online - Technical Problems
I applied for Probate on Monday and the application went through fine. I paid the online fee at the end and received an email saying my payment had been successful. However, I then expected to click through to a different page on the website advising me what documents to send and with a coversheet etc and to receive maybe…
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Will - original executors changed then cancelled.
After my mother-in-law died last month, I read up about probate and thought - yes, she was a widow, estate well under inheritance tax limit, next of kin are her adult son and daughter - straightforward, we can do this! We find the will, great! but immediately there is problem. So back in the 1980s she wrote the will naming…
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Proof IHT has been paid to HMRC
How does someone get a copy of inheritance tax remittance for an estate (i.e. find out how much was paid) to HMRC in England and Wales? Don't have the IHT number, no probate has been applied for. Does anybody know how far back records are retained? URL appreciated.
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Lifetime Will Services
Hi everyone, We have just had our mirror wills done with WSL will writing, it was a great service. as part of their "add ons" we purchased their lifetime will service, a one off fee of about £1500. This includes: Executor consultion and support secure storage for life unlimited will updates for life validity check register…
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HELP - C1 confirmation forms in Scotland
My father passed away in 2023 and I now need to get confirmation I was shocked to discover how much a solicitor chargers so thought I would try and do it myself. It is classed as a large estate and I have submitted it to the court but it was rejected can anyone help with page 3 of the form inventory the properties are on…
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I'm executor but I'm unclear on the meaning of the will
This discussion was created from comments split from: Are wills legally binding, if not then why bother creating one?.
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Alterations to a will
Asking for a friend..... The situation as I know it is that friend's parents have made their wills, mirrors. And in them they say all to the other but on the death of the second one the assets are split equally between 2 children (no others). But they also specify that both children equally inherit the home and they also…
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Probate on line
Dad passed in February, mirror wills so everything passed to Mum and there was a variety of joint accounts and one ISA in Dads name worth 48K. The ISA company want grant of probate. (I’ve established there is no inheritance tax to pay). I’ve started the process of applying for probate on-line on behalf of 3 executors; Me,…
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Property held in trust question
Hi All, Posting on behalf of a family member. Properties that form part of a trust, should these be registered in the trustees personal names or are they to be held in the trusts name (e.g. Trust of XXX)? I've done a land registry search and the properties in question (Totalling over £3m in value) are registered in the…
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Query regarding Executor / Codicil / Non disclosure
Hi, Hoping someone can advise. I have found myself in a situation where both my father & stepmother have passed away. My father got covid and died in hospital on April 7th 2020, my sister, brother and myself received a letter from dad's solicitor to ask if we were contesting the will transfer to our stepmum, we all said no…
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What to enter as pension value on will
I am in the process of applying for a will for the first time. There is a form where you need to list everything that makes up your estate. The list also includes a pension, but all it asks for is a value. I’m not sure what to enter for this. I have served in the military for 9 years, so I will have a pension, but I don’t…
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Problem with Etoro not paying out following my husband's death
My husband had money invested with Etoro and the account was in his name only. Last November I contacted Etoro to inform them of his death. They gave me a list of all the documents I needed to provide before they would transfer the balance of his account to me. At first they were good at communicating and replied to my…
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OIEC's investment
My wife invested in OIEC's with Abrdn for both y children and they were nominated to them. There initials appear at the end of the investment. Are these investments subject to being captured as part of the estate of inheritence tax purposes. Also do they get registered for probate
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Will / tenants in common & IHT
Hi all - having nightmares about potential IHT and issues I may have have when God forbid anything happens to my mum. Two solicitors, two IFAs and an accountant all say different things. My mum and dad owned the house 50/50 as tenants in common. 1. My mum and dad weren't married 2. My dad passed away suddenly in 2017 3.…
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my father's will.
I am not getting very far with receiving my father's will. I can provide my Birth Certificate and Passport details to prove who I am as I am, the sole beneficiary as stated in the will. I do not have client’s ID /Passport copy and Death Certificate as he lived in Thailand and I doubt his third wife would give it to me…
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Inheritance Tax
If my wife's money, Premium bond value and investments are inherited by me are they still subject to estate value calculation and inheritance tax. Do I then get the full allowance from her when I am deceased or do I only get the excess from her allowance from £325k
