Confirmation in Scotland For Mother's Estate

Railtickethome

Hi, as with others given potential solicitors costs, I intend as Executor of my mother's estate to do this myself and for the first time. I think I have managed to gather most of the items for the inventory (C1Form) in terms of savings etc. It is regarded as a large estate ie over £36k. There is a will which in the first instance all goes from my mother, now deceased, to my father. I have read the Scottish Courts and HMRC guidance and there is something with regard to the family home that is not clear to me. This was jointly owned by my mother and father, there is no residual debt and the title deeds clearly show a survivorship clause and the will is very clear on it passing to my Dad. What I am not clear on having read the guidance is does the estimated value of the house have to go on the C1 form or not given the survivorship clause? The guidance seems to say no for small estates but seems to be silent on large estates. Help and advice please and thanks in advance.

buddy9

Railtickethome said:

Hi, as with others given potential solicitors costs, I intend as Executor of my mother's estate to do this myself and for the first time. I think I have managed to gather most of the items for the inventory (C1Form) in terms of savings etc. It is regarded as a large estate ie over £36k. There is a will which in the first instance all goes from my mother, now deceased, to my father. I have read the Scottish Courts and HMRC guidance and there is something with regard to the family home that is not clear to me. This was jointly owned by my mother and father, there is no residual debt and the title deeds clearly show a survivorship clause and the will is very clear on it passing to my Dad. What I am not clear on having read the guidance is does the estimated value of the house have to go on the C1 form or not given the survivorship clause? The guidance seems to say no for small estates but seems to be silent on large estates. Help and advice please and thanks in advance.

If there is survivorship in the title, and it has not been evacuated (cancelled), then the house is wholly owned by your father. The house share is not included in the C1 inventory, but its value is taken into account in calculating the estate for IHT purposes - boxes 23/24/25 on page 5 of the C1.