Help with Probate For Insurance Please

xylophone

If the property was owned as joint tenants, then the rules of intestacy do not apply to it as neither tenant could gift his/her share by will.

https://www.co-oplegalservices.co.uk/media-centre/articles-jul-sep-2019/is-probate-needed-for-property-owned-as-joint-tenants/#:~:text=If a property is held,neither owning an identifiable share.&text=If there is no Will,with the Rules of Intestacy.

when I add the property value plus both insurance policies and savings it's takes me over the inheritance tax threshold,

Are you sure of this?

xylophone

Just a thought, had you considered getting a quote for dealing with probate from two or three local firms of solicitors?

It does sound to be the case that you have more than enough to deal with at the minute and it would relieve you of the  stress of admin and give you time and space to cope with  the shock and grief and to comfort the children.

Be kind to yourself and don't take on more than you can handle.

You could pay the fees once you have gathered in the assets.

SIRENS

xylophone said:

If the property was owned as joint tenants, then the rules of intestacy do not apply to it as neither tenant could gift his/her share by will.

https://www.co-oplegalservices.co.uk/media-centre/articles-jul-sep-2019/is-probate-needed-for-property-owned-as-joint-tenants/#:~:text=If a property is held,neither owning an identifiable share.&text=If there is no Will,with the Rules of Intestacy.

when I add the property value plus both insurance policies and savings it's takes me over the inheritance tax threshold,

Are you sure of this?

Thank you, I've spoken to the insurance companies again and they've now said I don't need to include the policies as they are in trust so that takes me back under inheritance tax, I think I will get some quotes from solicitors, as this is so confusing, but thanks for your help x