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"Excepted Estate" Question

pimento
Posts: 6,243 Forumite


If I've had my late mother's house valued and the two estate agent valuations plus the rest of her estate are under the inheritance tax allowance to tax to be liable, can I go straight to the application for probate?
I've tried calling HMRC and they are almost impossible to speak to.
Thank you.
I've tried calling HMRC and they are almost impossible to speak to.
Thank you.
"If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." -- Red Adair
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Comments
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Are they well under the threshold or would a higher sale price push it over the limit?
When I did probate for my FiL’s estate, it was nowhere near the limit so I went straight to application, it was very simple to do as long as you have all the pertinent information.1 -
It's well under. Flat worth £220k - £230k and £8k in cash. Contents of flat negligible value."If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." -- Red Adair0
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pimento said:It's well under. Flat worth £220k - £230k and £8k in cash. Contents of flat negligible value.1
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Both estate agents valuations are in writing. Do I have to send those with the application?
"If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." -- Red Adair0 -
pimento said:Both estate agents valuations are in writing. Do I have to send those with the application?1
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Thank you!"If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." -- Red Adair0
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I added £15k on top of valuation for probate and as it happens, that’s what it sold for during lockdown when prices were going mad.1
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