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Income tax arising until date of death
I am more-or-less finished with the probate and estate distribution process following my mother's death just over 2 months ago - very speedy on the whole and pleased with HMCTS and the banks' responses. I received a letter from HMRC (P1001) saying that they would be in touch within 8 weeks if tax was either due or overpaid…
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IHT Late Penalty Date
Hi, lots of websites say that IHT needs to be paid by the end of the 6 month following death else penalties start. However, the letter that came with my IHT refernce number says "get your account to us on time to stop charging you a late penalty. Your account will be late if we receive it after 12 months starting from the…
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Estate Income Post Probate
In January of this year we finished collecting all the monies from my late Mothers estate and wrote to HMRC advising of the estate income received post probate so that we could settle any tax due. We declared approx £1100 of income from premium bonds, index linked savings certificates & cash ISA's as we were unsure whether…
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Will a probate be delayed if the executor buying out the beneficiary of the property
The executor is buying my partner out of his share of the property and they are delaying the probate as the house has not been registered in their (the executor's) name. They also ;have not fully paid for the property. Is this right? Can they get the property in their names and not pay for it, before the probate is…
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Difficulties with cancelling online matters after a death
A thread covering difficulties when cancelling online accounts after death
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Codicil query
My Mum passed 11 years ago and she had put a codicil on her will, it states that my Brother can live in The house that she left to the two of us until he finds alternative accommodation. It also states he has to maintain and insure it. He will not look to move and he neither maintains or insures it. Is there anything I can…
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Wife is executor – has been given the wrong surname in the Will
When
my wife and I were married many years ago it was for the 2nd time
for both of us. Due
to my wife’s children from her 1st marriage not wanting a
different surname to their mother we decided that she would not
formally change it. Over
the years, amongst our family and friends, my wife started to be
known by my surname.…
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Council Tax and probate
Hi, both my parents have sadly passed away and I’m currently waiting for probate to be granted so we can sell their house. When they died my daughter moved in (this was only temporary and the house was always going to be sold). She was paying the bills, including the council tax. However, she has now moved out and the…
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Executor Dative - looking for advice on the process
Hi - I'm looking for some advice. If anyone has successfully negotiated the process to become an Executor Dative via a Sheriff Court in Scotland, could you please answer the following questions: 1. which form must I use and where can I find it? 2. what evidence did you provide to substantiate your application? 3. how many…
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Who pays when the estate has nothing?
A relative died without a will as there was almost nothing left in the estate - approximately £3,000 which didn't cover the cost of the funeral. They owned a house which had been remortgaged under a capital release mortgage and is now worth less than what is now outstanding on the mortgage. There was no will but the family…
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House trust
Hi, we’ve had advice on a ‘free’ mirror will. Obviously there are chargeable add on elements. 1 option is to put our house in trust. I cannot find enough information anywhere to decide on this. Cost is £3k so big decision. Reasons for; avoid son losing his inheritance to care home fees and also avoid if he divorced our…
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Probate House Sale
we have put an offer in on a house back on 12th April 2024 and the offer was accepted. We then were informed that the house was going through probate and it had been submitted 2 weeks prior to us putting in an offer. (we didn't realise that the house was a probate house until after the offer was inputted) the estate agent…
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Transferring ownership of a property.
Transferring a property into one person’s name My sister and I inherited a maisonette from our late father. I’ve been living in it for the last 8 years. The flat is in a run down state and requires gutting and complete refurbishment inside and out. My sister and I have agreed that I give her 50k and transfer the property…
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Selling house to pay for care home
Hi, Our mother is the one asking these questions when we are suggesting selling the home, so please, no insensitive comments. Our mother needs to go into a care home. At a guess the house will be worth £500 - £600k. It's her only home. If she sells it, I don't think there would be any capital gains as it is her only home.…
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Inheritance tax?
What is the maximum amount that I can leave my two sisters before inheritance tax is due? Thanks.
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Contesting a Will - Ireland - Help/Advice Needed
I'm hoping someone can advise me. Two years ago, a family member of mine passed away and I was the sole executor of the will, inheriting everything as the closest relative. Around 2 months later, a stranger emerged and contested the will, alleging that the entire estate had been bequeathed to them. This raised red flags…
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Applying for confirmation in Scotland
Hi All, I am trying to get confirmation for my mum's estate but having difficulties. I submitted forms C1 and C5 along with the relevant documents but they have today been returned by Dundee Sherriff Court with a letter saying that they are unable to process the application in its current form, but with no explanation as…
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Saturday valuation of shares for probate
If a person dies on a Saturday when the Stock Exchange is closed, should the closing price on the Friday before or the Monday after be used to value shares for probate? Thanks
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Lasting Power of Attorney preferences instructions
This discussion was created from comments split from: Lasting Power of Attorney question.
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Digital legacy and assets
Hi. I, like lots of others, have various digital accounts like facebook, linkedin, amazon,nectar etc What is the best way to leave access to these after i died? I dont want to write down passwords for obvious reasons but equally i want it to be straightforward for my executor to acccess. Any suggestions gratefully…
