Filling IHT

cherry76

Value of joint assets at time of death was approximately £80,000. Few weeks later mum, got £2,000 from his PB and £1500 from his shares. So what do I put for value of any jointly owned assets.They were transferred directly to mums account. Also mum used his credit card just after he died, she was not aware it will be cancelled. There was debt of £200 which she settled. She does not want to put this £200 as debt. 

Keep_pedalling

For such a small estate an IHT return is not required. Unless a financial institution will not release his sole holding with them you won’t need probate either.

cherry76

The solicitor is asking for probate to add names of trustees to the house deed, myself and my brother. The questions above are from forms when applying probate online.Want to have a go myself. Thanks

p00hsticks

The Premium bonds and shares weren't joint assets, they were wholly part of his estate.
The fact that they were able to be released to the beneficiaries early without the need for probate is irrelevant.

As both the credit card charge and equal and opposite payment were after his death then I think that is also irrelevant.