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Lump Sum Gift & Inheritance Tax?
My father wants to give me a sizeable amount of cash, but he's worried about inheritance tax (ie. that he'll pop his clogs within 7 years). But I said that only applies if his estate is above the threshold where IT begins - his estate isn't large enough for IT to apply. Would the lump sum be liable for inheritance tax if…
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teenager seeing ex
My teenager haven't seen their dad and his family for a number of years and wants to make contact. We are struggling for the best way to word the letter to see if contact is possible. An introduction letter. Any advice or suggestions please?
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Palliative care team vs Doctor..
That title is probably not the best way to describe the situation but here goes. My Mam is in a nursing home. She is as terminal lung cancer and is on an oxygen concentrator machine 24/7. Meds wise she was getting a time release morphine table 9am and 9pm. In between liquid morphine 4 time a day, and a injection of…
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Loaning money to a parent for care costs, inheritance tax risk?
Hi, Our mother is going into a care home. To avoid selling her house (as there's still a chance she may come out again) we (her children) are all happy to loan money for the time being to cover the care costs, knowing that we are very likely to get it back from the estate. However, it has just occurred to us that without…
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D11 form
Hi I went through a divorce 8 years ago and a financial consent order was agreed by the court. My ex-husband has breached the order. I have completed a D11 form. Please can anyone advise me where to send the form and how much the fee is. I've tried to search on line and phoned my local court but have not been successful in…
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Divorce lawyer recommendation
Could anyone recommend a lawyer to represent me in a really messy divorce, with house and child involved. I am in the Edinburgh area, and feel I am being taken for a ride by my legal representation. TIA
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Should I be paying some of his mortgage?
Hi, I’m about to move into my boyfriends house. We are discussing rent etc that I would pay. He has a mortgage on the property currently. At the moment I would be paying a third of everything (including the mortgage). HoweverI’ve said that I’ll pay half of the bills (apart from the mortgage) because it’s his house as he…
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Family games - different houses
Does anyone have any recommendations for interactive games for families in different homes? We usually do zoom games night quizzes etc but I have seen, I'm sure, an actual board game which links up online with all your different families. I'm thinking of Christmas gifts and if anyone had a recommendation please that worked…
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Divorce and Property
Hi, I am currently in middle of Divorce and we are fairly amicable, we have 2 young children and an older child both ours. Husband is selling the property to me and wants a clean break order (which is fine, i think) however, he wishes to pop a percentage of his share of the property we both completely own (but it is all in…
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Divorce/property advice needed
Hello, my wife and I are splitting up and I need some advice about various aspects of this. We own our house jointly and it has SSTC, with paperwork going through. We are selling the property chain free, splitting the money and going our separate ways. We have family that we could each stay with if needs be. I am now…
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eData held online by Facebook, cloud data etc.
There doesn't seem to be anything available that includes any edata as being available for executors when a Will is drawn up. I am aware of friends who have tried to get Facebook photos and other edata recovered for possible distribution afte the passing of a loved one but they found there was expensive legal hurdles put…
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Divorce questions
Bit of background: friend has been separated for 18 months. His Ex lives with 2 autistic daughters in jointly owned outright house. Questions: in the heat of an argument his ex said he wouldn’t see the girls again until “she’d seen him in court” given neither even has a solicitor yet this is likely to be some time away,…
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What would you do?
Our adult son borrowed one our cars (we insured him) to help him move house. Unfortunately a car window was broken and a low value item stolen from car on day of house move. He ignored advice to report to police as priority was his move (over 200 miles). Car eventually left at our house for us to repair, cost £150 plus our…
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Sharing bills
We are both retired. Me with one state pension he has 3 pensions 2 private and one state pension we have a joint bank account and we each have a sole bank account. We both pay in the Same amount to the joint account everyweek to pay for the outgoings of our flat but he has a lot left over everyweek and I don't have much…
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Self build Mortgage For One
I’m looking for advise or recommendations on which companies will lend for a self build mortgage to a married couple but only using one spouses info and one spouse name on the title deeds. Husband hasn’t got a credit history but mine is the best. I also already own the land, have PP and building regs plus more capital.…
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Most Expensive Phone Calls
Back in the day, I was persuaded to buy one of those new fangled things called a (2G) mobile phone. It cost me £15 a month. I had it for 5 years and in that time I made just 3 calls. Thus each call worked out at £300 each!
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What's been your most expensive mistake?
Put the wrong fuel in your car? Accidentally won an auction? Signed something without reading it? What's been your most expensive mistake? Come and share your tale and cringe all over again.
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should we split bills
I have seen this come up several times about splitting money for what ever reason. We have always joined our money no matter what was earned by each other and use the account for what ever is needed. I know this is not how everyone does their accounts but it has worked for us. I would have hated a "my money your money"…
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Money gifts
Hi, My mother in law wants to give us £5000 each as she has just lost my father in law. There is 6 of us. How do we stand within the law and tax situation with this. To add to the mix, she is terminally ill and wants to give us the money before she dies.
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Move Closer to Work OR Family when having children?
We are currently looking to move and don't know whether to move within walking distance of work and gett rid of one car (with a view to purchasing nursery childcare after maternity) or to move closer to parents who are semi-retired and approaching retirement age and who have offered free childcare? The commute would be 30…