Grant of Confirmation - Form C4(S) for Corrective Inventory

Dell2u

Hi.  After having successfully obtained Grant of Confirmation last year, we are now dealing with sale of deceased mothers house.   But, solicitor has just advised the wrong title number cited on Grant of Confirmation issued relating to the property, and we will need to use Form C4(S) 2022 to have this amended!  Our fault really as we had lifted this number from solicitors letter/deeds found in mothers belongings relating to purchase of house @ 15 years ago.  Should have crosschecked this.

There is nothing to change on Grant of Confirmation except this Title Number and we are puzzled where to record the key information on Form C4(S) which seems to be more focussed on change to values of assets/liabilities.  There are 2 main sections, one for recording Increases in Assets and one for Decreases in Assets.   

Do we just re-enter the description of the estate in "Increases in Assets" section, using wording from original Confirmation C1 form, but change the Title LANxxxxx to correct number?   And then leave 'Value as last shown' and 'Corrected value' as same figure to reflect £0 increase in assets.

Do we need to reference/highlight in anyway the change from LANxxxx1 to LANxxxx2 in the description of estate?  We didn't want to type in any additional information, since the form states "Use the description that was used in the form C1(2022) Inventory". 

We dont intend to re-enter any other details of estate from original confirmation inventory  as these do not require amendment.  Hopefully that is correct?

Since no tax/repayments etc involved do we just submit this direct to Sheriff Court, as we called HMRC and they didnt think they needed the form sent to them?

It looks like we need to pay another fee for this to be amended (£341).

I also see reference to 'Eik to confirmation' - is this what the Sheriff Court issues once the amendment is made?

If anyone has had to do this or can help with above would be really thankful.

buddy9

C4(S) You are using the form to correct an incorrect description. The court will issue an Eik.

On page 1 enter details as per the confirmation.

On page 5 under Deletions - enter the house description exactly as entered in the inventory and under a heading Heritable Estate in Scotland.

On page 4 under Increases - enter the correct house description and under a heading Heritable Estate in Scotland.

All the boxes which require values should also be completed.

Page 3 can be a head scratcher. Specimen example at this link - in your case it is Corrective rather than Additional. https://forums.moneysavingexpert.com/discussion/comment/81382864#Comment_81382864

All executors should sign page 6.

In this case, submit direct to the Sheriff Court. I think you do not pay £341.

Dell2u

Ah ok that makes sense...  enter twice but one replaces the other.

I'd seen that useful link to page 3 and have already sent that to my brother (the executor).

When you say 'All the boxes which require values should also be completed'  do you mean only those in relation to the entries for the house (ie we dont need to re-enter all the original inventory items that dont need corrrected)?

Fingers crossed there is no fee.... Hopefully this will be straightforward and quick.

buddy9

Dell2u said:

When you say 'All the boxes which require values should also be completed'  do you mean only those in relation to the entries for the house (ie we dont need to re-enter all the original inventory items that dont need corrrected)?

That is correct.

Dell2u

That all sounds so simple once you explain it.  You really are amazing with the advice given..  Thank you so much.

motherwellshot

I am just reading this section of the forum. With buddy's help (who is fantastic) I was successfully granted Confirmation in January this year. However, since then another asset has materialised from one of the lesser known private banks. Owing to value they are insisting on grant of confirmation. A c4(S) needs to be completed. Description as per C1 under 'Increases'. Does the amount go in the 'Corrected Value' box or the prior 'value as last shown' box.

Furthermore, since the C1 was completed, the was a large investment account. The value has decreased from £757,000 on original C1 to £672,000 on encashment into Executors account. This was due to large fund value falls owing to the Israel and Russia conflicts. It makes no difference as no IHT is due as of spousal exemption. Thus do I need to include this in the decrease section, as it makes little real difference. There is only a solitary beneficiary, the widow. 

buddy9

motherwellshot said:

I am just reading this section of the forum. With buddy's help (who is fantastic) I was successfully granted Confirmation in January this year. However, since then another asset has materialised from one of the lesser known private banks. Owing to value they are insisting on grant of confirmation. A c4(S) needs to be completed. Description as per C1 under 'Increases'. Does the amount go in the 'Corrected Value' box or the prior 'value as last shown' box.

Furthermore, since the C1 was completed, the was a large investment account. The value has decreased from £757,000 on original C1 to £672,000 on encashment into Executors account. This was due to large fund value falls owing to the Israel and Russia conflicts. It makes no difference as no IHT is due as of spousal exemption. Thus do I need to include this in the decrease section, as it makes little real difference. There is only a solitary beneficiary, the widow. 

A subsequent fall in value of an investment account which was included in the C1, is not recorded, in this case.

For the item that was not listed in the C1, list it in the C4(S) under ’description’ in the ‘increases’ section of page 4 under an appropriate heritable/moveable and country heading. For ‘value as last shown’ enter £0.00. For ‘corrected value’ enter the date of death value.

On page 3 ‘and Corrective’ is deleted.

 Submit completed form to the court (if the estate remains an excepted estate).