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IHT guidance
I've been following this thread for a while and would appreciate some help pls. My wife recently passed away. We both have mirror wills with everything left to me. However, my wife did make a couple of gifts in the past few years and I'm trying to figure out if tax is due: 1. Property gift to our children. Value £300k. She…
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Just wondering. How long was it between the death and the funeral or cremation.
My father died earlier this year. He was in the funeral home for 6 weeks. Six whole weeks, we took the earliest date the crematorium in our town had an appointment for the service and cremation. Six weeks seems a long time to be in a fridge, and he was claustrophobic in life. When I lived in Ireland if you died one week,…
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Is Probate necessary
My father died after a short illness last week. I am the executor and have already registered the death and I am now moving on to all the other legal processes. My father’s will passes everything to my mum. There is the jointly owned home and around 20k in joint accounts. No debts and no non cash investments e.g shares…
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Will Trust Investments
I am a Trustee for my mother's Will Trust. The Trust states that my Dad is the sole beneficiary until his death and at that point, I and my two siblings inherit her estate. Up until a few months ago - Dad benefitted from living in the house. He has now had to move into a care home and I am selling the house. This means…
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Querying a Will
I have always been close to my Aunt and indeed my Uncle. We would go shopping or to the hairdressers or just a chat over a cup of tea.They told me I was a beneficiary of their Will for £5k and showed me where they kept it. They had fallen out with their daughter in law several years before which made it difficult for their…
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No will and my last parent has died - any key advice & great step by step guides I should follow?
My Dad died 5 years ago and My Mum passed last week and due to severe mental health issues she didn't, as far as I am aware make a will. There are 4 children and the only asset is my parents old terraced house which has unfortunately remained empty and unused for years and is in a right state. My Mum didn't even have her…
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When to Apply For Probate?
I have filled in all the inheritance tax forms and will be posting those tomorrow. My calculations are that there is no tax to pay on the estate. It says to wait 20 working days before applying for probate if there is tax to pay but, as there isn't, am I OK to apply now or is it best to wait for the 20 days? Thanks
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Council Tax rebate due to deceased parent
Hi our mother passed away in 2018 and our father in 2021 leaving the house to my brother and I. We moved into the property and, after watching MSE’s program, successfully had the council tax band reduced plus a refund from the date of our father’s passing. I understand the previous owner would be due a refund too but that…
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Bank bereavement notification form
Our solicitor who is handling the probate process has asked us as executors to sign a bereavement
notification form to apparently authorise them to close the account. On that form is a Personal Indemnity clause. It reads: "I/we give this indemnity in my/our capacity as customer representative(s) acting on behalf of the…
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IHT400 page 13. No will so do we apply probate or letters of administration
As above, helping my step sons with IHT400 on their late fathers estate. He didn’t leave a will, so on IHT400, Page 13. Box 121. The options are: are you applying for: probate confirmation letters of administration letters of administration will will annexed others (please specify) are we applying for probate, or letters…
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Uncooperative Joint Executor
My husband's mother died last summer and left a straightforward will. Her three children were to inherit everything in equal shares. One child lives abroad and the other two (including my husband) are joint executors. My husband applied for and got probate very quickly, it was a small estate made up of some money in a bank…
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Who owns this property
My grandmother owned a £600,000 house. She passed intestate 8years ago. She had 6 children. The wills and probate service states that authorisation was granted to my uncle to be administrator of the estate. My father has sadly lost capacity. My mother has LPA for finances. I looked up the title register for my grandmas…
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Co-Executor Issues
There are 3 siblings who joint executors of our late Father's will. Our Father passed away in 2021; my brother who was the first appointee as Executor on the Will, asked myself to arrange the Grant of Probate which I did willingly at the time. My Father had left £40K (approx) in his bank account, which is now in my sole…
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Executors not agreeing
What happens in the event if two executors are unable to agree on interpretation of part of will. there are only two executors. thank you
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Transfer of Nil rate IHT
Hi I am hoping for a bit of clarity regarding which forms I need to send to HMRC Situation is this, my dear dad passed away last July leaving all of his estate to my Mum in his will. Sadly my mum has now also passed away and I understand I can transfer the unused amount of dads nil rate band to mums estate. He used none of…
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"On trust for sale"
Can't remember if I've asked this before but anyway. 🫤 My Mum's Will states: My Executors shall hold the rest of my estate on trust for sale on the following terms: a. pay debts taxes & Executorship expenses. b. divide the residue into 2 equal shares & pay Daughter XX Daughter YY Does "on trust for sale" mean everything in…
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IHT435
If the estate (including property left to a child) is valued at £385,000 and so no inheritance tax is due, do I need to complete IHT400 and IHT435 or just IHT435?
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Beneficiaries liable for fees?
The probate company which administered my late family member's estate has recently informed me of PPI-related funds they've sourced and held since 2020. Without the co-executors' prior knowledge or consent, an external company was autocratically commissioned, culminating in the beneficiaries now being subjected to 20…
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Property value for estate purposes
Started off as a question about who owns my late grandparents property, which seems to have opened up new questions. When estimating the value of a property for IHT purposes, is it the value on day of death, date of grant of administration, date of probate being granted, or date of subsequent sale of inherited properties.?…
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DJP form for joint tenancy
Hello, my elderly Mum has recently passed away and ive had joint tenancy with her on our property since 2014. Mum has a will but i dont think i need to go through probate. My sister and i are executors on my Mum's will. So, will sending a death certificate suffice when filling in Q.4 on the form?
