📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Dad died leaving half house in trust, what to do next?

Options
2»

Comments

  • mybestattempt
    mybestattempt Posts: 485 Forumite
    100 Posts First Anniversary Name Dropper
    edited 26 February at 10:26PM
    Sorry don't have any specific information but my Mum passed last October and I forgot about the trust.  We have probate and the house is for sale but just received a fine from HMRC as didn't submit a return for the trust.  Apparently I have to contact HMRC and cancel the trust

    I think you may not be the poster who started this thread?

    I'm wondering if perhaps your situation is that your Dad died more than two years before your Mum and you had failed/forgot to register a life interest trust with HMRC within the two years following your Dad's death?

    Here is a link about asking for a review/appealing a penalty for failing to register a trust:

    https://www.gov.uk/guidance/ask-for-a-review-or-appeal-against-a-trust-penalty-charge

Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.