C1 Scotland Inventory

GhibliFan

I'll see if I can put mine up here but I'm not very techy so it might not work.

GhibliFan

@Bondfanmostordinary Hope this helps?

Joeshmoe

Hi, this is excellent find. trying to fill out these forms myself.
1. I have a screenshot of the bit I am struggling with.  There is no tax to be paid. Does that look right. ?
2. What text do you put in the inventory if ownership of home is only 50% ?

buddy9

Joeshmoe said:

Hi, this is excellent find. trying to fill out these forms myself.
1. I have a screenshot of the bit I am struggling with.  There is no tax to be paid. Does that look right. ?
2. What text do you put in the inventory if ownership of home is only 50% ?

A number of comments to make.

1. Before you edited your post you mentioned that your father (I think) had no will. Is this Confirmation application in respect of your father and is it correct that there is no will. This is important. Who then is the executor and what is the method of appointment? Is mother surviving and was she married to dad?

2. I have inserted below suggested inventory examples of joint ownership .

3. Screenshot - You need an entry in each of boxes 21 to 25.

• Box 22 will be ‘No’ if the spouse is surviving.
• Box 23 will be the gross value of the estate. This is often the same as the gross value for Confirmation (but could be higher) see guidance C3.
  
• Box 24 is the net value. Again often the same as the net value for Confirmation.
• Box 25 will be zero if all the estate passes to mother (if mum and dad were married) and if the children have renounced any legal rights entitlement (legitim) .

Joeshmoe

Hi, thanks for this buddy9. I am initailly making a confirmation request for my mum who died 2 months ago. she left a will. My Dad died 4 years ago and never left a will, The home is in both my mum and dads name and there is no pass on clause in the deeds. My Dads death resulted in some legal process and as such my sister was made Executive dative for him. I will create a confirmation request for his 50% of the home value. Does that sound about right ?

1. Whats the 5% discount mean in the inventory?
2. Is the land title ARG 0000 a generic example, would I need to find this for my parents home ?

 Much appreciated,

buddy9

I now see that this is related to an earlier thread.

If the Confirmation is for your mother and there is a will and that father predeceased without a will and father’s estate is as yet not administered, then this changes things.

I will compile a response.

In the meantime you can do a map search for house registration at https://scotlis.ros.gov.uk/map-search

buddy9

Father’s estate would devolve in line with intestacy rules at the time of his death. Mother (if married to him) would have been entitled to Prior Rights comprising father’s interest in the house (up to £473,000) if she was ordinarily resident there at the time of his death; furniture and plenishings up to £29,000; financial provision up to £50,000. Mother would also be entitled to ‘legal rights’ of one third of any moveable estate remaining after this.

These entitlements need to be included in the inventory to your mother’s estate because his estate is unadministered.

I have shown some examples below to reflect this.This assumes that your comment about house ownership is correct (important to be accurate about this). 

For your mother’s estate 

• Box 22 will depend on the value of the estate for IHT - if under £325,000 can tick NO
• Box 23 comment as previous
• Box 24 comment as previous
• Box 25 NQV. this will now have the same entry as box 24 (this assumes no charity donation in the will)

Joeshmoe

Hi, Many thanks for your help on this. I appreciate your time. Another couple of Qs if thats OK

1. Do I defintely need item 8 ? If I do, What is that for. How would I come up with that figure. ?
2. So I would just have to submit this form for confirmation and that would be me covered ? lawyers who priced it up were wanting to charge me for  confirmation for both Mum & Dad.

buddy9

You should be listing the whole estate in the C1 lin ine with the guidance in form C3. Obtaining Confirmation for your mother’s estate would allow the executor to administer her estate but would not allow you to sell the house.  I believe Confirmation would be needed additionally for father’s estate to enable house sale.

Item numbered 8 would include any savings or investments or other moveable assets that father owned at time of death either in his sole name or as a share of joint assets. Strictly speaking this should be recorded.

buddy9

Joeshmoe

If mother had capacity to be an executor at the time of father's death, it might be worth raising this issue of judgement with the solicitor who dealt with your sister's petition for appointment to see if they would assist with processing father's Confirmation.