Grant of Confirmation

Gillybilly_2

Although it is a daunting read at 40 pages, the C3 (2006) HMRC how to complete the C1 and C5 are helpful.  Although this thread was by far the easier to understand.  
I rounded up on the C5, it did not like pence. The C1 will take pence.   If you are filling in the forms on line it will add anything in the last column for you.  Only use this column for the actual funds relevant to the deceased.  

GSS20

Gillybilly_2 said:

Although it is a daunting read at 40 pages, the C3 (2006) HMRC how to complete the C1 and C5 are helpful.  Although this thread was by far the easier to understand.  
I rounded up on the C5, it did not like pence. The C1 will take pence.   If you are filling in the forms on line it will add anything in the last column for you.  Only use this column for the actual funds relevant to the deceased.  

Whilst filling out the forms I opened this on my iPad and filled the form in on my laptop. It helped being able to cross reference anything I needed to know. 

Gillybilly_2

@Needtoknow2021 -
*  you have to complete a C5 form as well regardless of the value of the estate.  I would assume this is so HMRC can check that no Inheritance Tax is due.  
*  If the credit card companies have formally written and confirmed that they are not seeking repayment, it is my understanding that this would not be included on the forms, as there will be no money to be taken out of the estate once confirmation is obtained.   
*  You will need to include the Deed ref no, address and value of property, (I used the web and stated it was an executor's estimate), then put half the value in the final column, showing the deceased's share. Both houses will need to be included on the C1 and C5 if 'no survivorship clause' exists. 
*  I am not sure about not including a Trust... they are mentioned in the C3 but I cannot remember in what context.  You do usually have to record any life insurance policy lump sum value.
I am no expert and was lucky to find this thread and was able to use the C3 notes.  My forms have been accepted, the only issue was my mum had not signed the statement on the Will. 
*  I did not include joint household items on the inventory.
*  Any joint accounts have to be listed under their head office address, the full amount listed in the first column and only half in the last column which is what is added up.  Hope this helps, but please access the C3, although it is a daunting read.

Needtoknow2021

Thank you all, very helpful.
I have checked and as the life insurance is a trust it is specifically outside of the estate, so I don’t plan to put it on the form.

Am I correct in saying that if the estate is less than the inheritance tax threshold I don’t require to fill out any IHT form, once the C1 and C5 have been approved?

naedanger

Needtoknow2021 said:

Thank you all, very helpful.
I have checked and as the life insurance is a trust it is specifically outside of the estate, so I don’t plan to put it on the form.

Am I correct in saying that if the estate is less than the inheritance tax threshold I don’t require to fill out any IHT form, once the C1 and C5 have been approved?

Just to confirm, you are correct not to put anything about the life insurance on the forms as the policy is written in trust.

If the estate is less that £325,000 then you only need to complete C1 and C5. (If you are including other allowances - so that the tax threshold is higher than £325,000 - then it depends. But it will be clear from filling in C1 and C5 whether C5 is sufficient or not.)

CR2021

Hi, anyone able to clarify whether an Investment Portfolio needs to be detailed as individual shares or whether I can use the probate total provided by the Inv Co please? 
Also still keen to see an anonymised copy of an accepted C1 if anyone is willing to share please?
Thank you

bunkerpant

When entering the declaration on page 2 of C1 you have to mention where the Will was registered.  In my Uncle’s case the Will was signed in Edinburgh so do I just write registered in Edinburgh.
Thanks in advance for any help.

GSS20

You don’t have to say where the will was signed in the declaration only if there were any recorded codiciles or deeds etc. You do have to write when docquetting the will You write on the first page of the will “At (put in here the town where the sheriff’s court is) date you are presenting the confirmation etc.

CR2021

Has anyone had to complete a C1 where the deeds are still held on the Sasines Register & therefore not available to view on the ScotLIS website?  Just wondering what wording Edin Sheriff Court accept - read somewhere that suggested the "All and wholly ...." paragraph but the copy of the deeds I have quote the original property owner's details. Thank you

bunkerpant

Can someone please confirm if you have to fill in boxes 21 22 and 23 on page 5 of form C1 if their is no inheritance tax to pay. I have filled in box 25 as 0.
Hopefully this is my last question. Thanks