We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!

Not applicable

Options
[Deleted User]
[Deleted User] Posts: 0 Newbie
10 Posts Second Anniversary
edited 11 February at 1:42AM in Deaths, funerals & probate
Not applicable

Comments

  • Keep_pedalling
    Keep_pedalling Posts: 20,723 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    The answer to the first question is as soon as possible. Hopefully the deceased kept good records for their executors so going through 7 years of bank accounts won’t be nesessary.

    As for the second question the answer is no, a gift does not form part of the heritable estate although it will be included for IHT purposes if it was done within 7 years of the death.
★ ★ ★ 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
  • 350.8K Banking & Borrowing
  • 253K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.8K Work, Benefits & Business
  • 598.6K Mortgages, Homes & Bills
  • 176.8K Life & Family
  • 257K 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.
Update Your Picture