Just starting out with Mum's estate
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I am acting as executor of my mothers estate. My sister and I are joint benefactors as named in Mum's will. There is a house which I have 3 probate valuations for ( 330K, 335K and 350K) and about 45K in bank and building society accounts. As my Father died 32 years ago and left his share of everything to Mum I'm guessing we can use his inheritance tax allowance. All sounds simple enough. How do I make sure I am using my Dad's allowance? Also Barclays and Santander have already sent me Mum's money as it is below their probate threshold. Do I still have to include this in the final probate amount or can I tick those off my list?
Thanks for any tips.