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Care Home Fees
I read on a gov.uk website that no one has to pay more than £86,000 in care home fees. I am creeping up to this figure in the total I have spent on my mothers savings on care (I assume this figure is the total out of savings rather than the total including pensions?? Will she REALLY not have spend more than that?
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Advice on understanding a will
Hello, bit of a long post sorry but hoping someone can advise, sadly my mother in law passed away, she updated her will during lockdown as her son (my partner) had cancer. She told us that he was to get the house but if and only if he sells then the grandchildren will get a set amount of money each. Upon looking at the…
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Will signed by not dated.
Could someone advise please. Will for parent is dated at the top of the will and signed in the presence of two solicitors who drew up the will but the SIGNATURE is not dated. Is this going to be an issue
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IHT205 - lifetime gifts
I'm executor for my late father's estate. The total estate value is £12,000, which amounted to a single bank account and a few hundred pounds in possessions. I though this was too little, so requested the past 7 years of statements from his bank. These show that he regularly withdrew sums of £500 and £1000 in cash,…
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Estranged Brother & Distribution of Father's Will
Hi, unfortunately my dad has terminal cancer, the good news is there's a will which splits his estate three-ways between myself and two brothers. As the oldest child, I'll be an executor. The problem is my dad and one of my siblings are estranged and do not talk - however, my dad would still like to leave a third of the…
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Council tax, probate and duty to retain
What is a "duty to retain" on an empty property? It's in reference to when additional council tax premiums are due on empty properties. We are dealing with an empty probate property which I thought had an exemption lasting for 6 months after probate had been granted, but I've just read something on the council website that…
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When should CGT be paid?
The solicitor handling the estate of my wife's late aunt sold the house last May. The funds were distributed soon afterwards. Some money was held back by them to cover the CGT on the sale. we've chased them & have now been it will take 8-12 weeks to conclude the arrangements with HMRC. It shouldn't take over 13 months,…
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Survivorship bank accounts
All when a father and daughter share a bank account, but the father put in all the money. Would it be handed down as survivorship as all the money is for the daughter? This is not specifically stated in the will but this is what the father wanted and the whole family know this? Which means if it was, do I have to put this…
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Removing an Executor
My nephew is a named executor on my father's will along with me and my sister. My late father chose my nephew as one of the executors as he was a lawyer and helped him write the will. He was struck off the roll last year for 10 counts of dishonesty handling clients money and was also made bankrupt. Can I get him removed as…
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Another IHT Gift Question
I recall reading somewhere that surplus income can be used to offset IHT on part of a cash gift that is greater. As an example if surplus income was £5000 and a gift was £5001 (above the £3,000 threshold) only £1 would be liable for IHT. Is this the case as it seems sensible but can't now find this anywhere online.
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Gifting
All I am making sure that this is possible. If in a year, 1 gift of £25k was given to a family member and this is it, are you able to reduce this to £22k with the persons £3000 allowance? I hope this makes sense Thank you
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Confirmation advice Scotland
Hi, I've seen some feedback in this area here before and thought I'd check to see if someone could provide guidance. Step-mother passed away recently, survived by father. I'm a named executor alongside father. I'm taking great care as there is some sensitivity due to prior marriages and breakdown of relationships.…
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NS&I 3 year bond death
I just wondered if anyone here had to deal with a deceased estate that contained NS&I fix term bonds, say three years I presume once probate has been obtained then NS&I will release the money including interest and one won't have to wait until the end of the three year term? I'm not there yet, I'm just asking in advance…
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How do I separate CGT allowance for the estate?
My late husbad held shares in the company he worked for, the shares were held in America. After the best part of a year of "negotiating" they released the shares to me, but the only way they could do this was to transfer them into my name. I have now sold some of the shares which have made a gain, but under the £6k…
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INHERITANCE TAX AND GRANT OF PROBATE PROCESS-CHAOS!
Please see this article below which seems to explain the delays in processing my online 'Grant Of Probate' application which I submitted on the 5th Dec 23. Therefore the process that applied to me was the 'Post Covid' that I have bolded further below. After 3 months , my online application was still not granted and I have…
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Unexpected bill from energy company
My husband died last year. This week I received a letter addressed to him from Ovo, an energy supplier we've never used, for a period when we were paying bills with another supplier. The billing period is for about a month (May-June of 2023) and is only a couple of pounds. It appears to be relating to a void property…
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Possible Negligence by Executor Solicitor
I'll try to do this in bullet points. 1) A friend left me his house in his will. 2) The will appointed a named firm of solicitors as the executors. 3) During December a water supply pipe froze, burst and flooded the house. 4) Extensive damage has been caused. Very extensive. 5) The solicitor has informed me that the…
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Are we forced to sell mum's bungalow after her death or can we rent it out?
Mum has made a Will for 50/50 division of her estate between myself and my brother. The bungalow could sell for about £100K and she will have less than £20K in cash. Do we have to sell her bungalow upon her death and share the cash between us or can we rent it out and sell it in years to come? (we are thinking that with…
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Bogus Valuation by the administrator
Hi, I have a problem with an administrator who I think might be dishonest. The administrator was appointed by Probate Registrar a while back. If anyone has advice can you post. Thanks. 1) My dad passed intestate. He left
his 5 kids his house, shares, cash etc. I estimate in total around £750,000 - £850,000. He lived on the…
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Next steps...unpaid care home bill
Long story short, at the start of 2020 my mother went in to a nursing home. She suffered with dementia. At the time we were told that it would be covered by funding from covid budgets. My mother then passed away near the end of 2022. Fast forward to now. I have recently received a bill from the council telling me that…
