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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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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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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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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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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…
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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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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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Probate and the appearance of a baby?
My son was recently killed in a work related accident, he did not leave a will. His on/off girlfriend has suddenly announced the baby she is due to have early next year is his, despite telling us in early summer the father was someone else. As I will be dealing with probate for his estate, do I need to do anything about…
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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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Executors Account
My sister and I are joint executors to our late Mothers estate. Probate was granted and the family home was sold, and the sale completed on 06.12.2024. We didn't have any inheritance tax to pay . We did have an equity release of £43,000. The equity release was paid by our Solicitors, as was the Estate Agent fees, and the…
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Executors Not Cooperating
I have an Elderly Friend who is 69 and on Pension Credit. She has been Left a Pecuniary Inheritance of £20,000 from the sale of a house by her ex Landlord . He Died in December 2022 and Probate was Granted in April 2023. The Sale of the House has still not been sold (Dec 2024) and the Executors are not cooperating .…
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Possible mistake with bequest, do we have to repay.
Im in England.We've just received a bequest from a relative. Signed off by the executer and solicitor. The executer(who is also the main beneficiary of the estate) tells me an error has been made and we've been overpaid. We think what we've received is fair. Can we be made to return the overpayment?
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Certification of Divorce Decree
I have a photocopy of my divorce decree but need it certifying by a solicitor or notary, I have received a quoted of £220 to get it certified and apostilled. Extra cost to then post it to me. I then have to have it translated into Portuguese, with 5 other documents. Does anyone know of a less expensive firm? Thank you
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Gifting from income - status of ISA income
I am considering setting up regular gifting to adult son (have been making one off gifts for some years - fine as long as the 7 year exemption is met. I understand most of the rules I think - excess income, regular payments, good records. I don't use all my current income and have stopped drawing on my SIPP to avoid paying…
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How do you stay organised while dealing with a death?
I'm curious how people keep track of bank accounts, assets, debts and so on if you're an executor / administrator dealing with someone's estate? Whether you've contacted a bank, what you need to do next, totting up values and so on.
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No idea what this means - can anybody help?
BIL is joint executor with his late father's spouse (not his mother). His father died last year, in October. He has done most of the work in relation to sorting out all the forms in order to apply for probate. The co-executor is refusing to sign the forms unless she is given a sum of money she believes she is entitled to.…
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Deed of variation from a trust to a new trust
I'm a trustee of a disabled person's trust. It's just received a bequest from a relative and we'd like to make a deed of variation to move some of the funds into a new discretionary trust (not a disabled one) but it would still benefit the disabled person. Is there any reason this couldn't be done?
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Will wording on gifted shares to a child, does it limit the trustee's options?
Hi all. If a will leaves shares to a child stating: "To <child>, all my shares and interests in any stocks and shares I own at the date of my death upon <child> attaining the age of 18." Does this mean that the share allocations must be kept exactly as bequeathed by the deceased until the child is 18, or does this mean…
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Property Trust Query
My wife and i have paid equally into our family home but only my name is on the deeds. I wanted to add her name on as a tenants in common us both having equal shares. As it stands at the moment my will states for my wife to have 50% on my death and my 4 children to share the other 50% equally. I wanted to draw, something…
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Stamp Duty implications for inheriting property with equity release
My late father's property had a sizeable equity release mortgage on it of about £300K. The property itself is probably worth about £700K. I am considering my options of what to do. One of these is to get a bridging loan, after probate is granted, to pay off the £300K equity release mortgage, so that it buys me some time to…
