Updating the Title Deeds following grant of Probate

Patrick015

I have inherited in the Will my deceased partner's 50% interest in the house we owned jointly as common-law partners.This is now legally confirmed and Probate has been granted.
Which form do I send to Land Registry, bearing in mind that I am also the sole Executor of the Estate.There appears to be two forms, the AS1 and another one for removing my partner's name and amending the Title to a single owner as the remaining 'tenant in common' to use the vernacular.
Also will there be a Fee for this, its unclear from the website schedule.

Thanks,  Adrian

Keep_pedalling

You actually need form DJP. There is no charge associated with this.

https://www.gov.uk/government/publications/deceased-joint-proprietor-djp

Land_Registry

And if you applied for a form A/joint ownership restriction when you became/decided to be TIC, then section 8 of PG 6 explains how to apply to cancel that using forms RX3 and ST5 as well. The restriction, if registered, may not now be required if you are the sole legal and beneficial owner for example
Practice guide 6: devolution on the death of a registered proprietor - GOV.UK

Patrick015

Following on from that, what leeway do I have as Executor with cash bequests to the deceased's siblings who have children? Am I permitted to split a single amount into smaller amounts so that nephews and nieces can receive divided amounts that will attract minimal annual gifts tax? There have been no lifetime gifts so its just a matter of flexibility with the cash bequested through the Will by probate.

RAS

There's no such thing in the UK as gift tax.

Any tax will have been paid from the estate as IHT if it exceeded £325k. Otherwise there is no applicable tax.

Patrick015

Yes thanks I see that. The Estate is below the IHT threshold, am I not therefore required to send HMRC a final set of Estate accounts? I dont plan to.

Keep_pedalling

Patrick015 said:

Following on from that, what leeway do I have as Executor with cash bequests to the deceased's siblings who have children? Am I permitted to split a single amount into smaller amounts so that nephews and nieces can receive divided amounts that will attract minimal annual gifts tax? There have been no lifetime gifts so it’s just a matter of flexibility with the cash bequested through the Will by probate.

You simply distribute the estate as per the will. If those beneficiaries want to pass some of that on to their children then it is down to them to do so. If they want to avoid the 7 year rule for their own estates then they can make a deed of variation but you don’t need to be involved in that.

RAS

Presumably you completed the forms for an exempt estate, under £325k. That's all the HMRC need.

But the situation regarding the other beneficiaries depends on the exact wording of the will. Was money left to the siblings, or to their children? Are these specific bequests, or are they residual beneficiaries? Any of the beneficiaries under 18 yeads old?