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CGT - house to be left to me and nephews, also, house in limbo..

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Comments

  • Keep_pedalling
    Keep_pedalling Posts: 22,913 Forumite
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    I am confused, you say your mother obtained probate then say she died while dealing with the estate. Which is it?
  • Marcon
    Marcon Posts: 16,045 Forumite
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    edited 13 January at 11:48PM
    I am confused, you say your mother obtained probate then say she died while dealing with the estate. Which is it?
    It's not a case of 'which is it'. OP's mother obtained probate and then died while dealing with the administration of the estate - so someone else  needs to complete the process. 

    Have a look at https://www.gov.uk/hmrc-internal-manuals/inheritance-tax-manual/ihtm05102 and that'll explain what and why in more detail.

    OP, the cost doesn't sound unreasonable, but there is nothing to stop you getting quotes from other solicitors.
    Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!  
  • Keep_pedalling
    Keep_pedalling Posts: 22,913 Forumite
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    Am I right in saying Mum died without a will? In which case the nephews don't get a share in the house do they?
    No, that is not correct. 
  • RAS
    RAS Posts: 36,633 Forumite
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    If intestate, mum's estate is split equally between her children. If a child has died, their issue could inherit their portion. 
    If you've have not made a mistake, you've made nothing
  • poppystar
    poppystar Posts: 1,760 Forumite
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    My understanding is that the grant de bonus is needed when the chain has completely ended ie no remaining named executor. OPs mother had a Will, OP is executor, so has the power through that to complete father’s estate. It would be needed if mother had died intestate as well as there would be no chain. 
  • Flugelhorn
    Flugelhorn Posts: 7,667 Forumite
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    edited 14 January at 9:39AM
    poppystar said:
    My understanding is that the grant de bonus is needed when the chain has completely ended ie no remaining named executor. OPs mother had a Will, OP is executor, so has the power through that to complete father’s estate. It would be needed if mother had died intestate as well as there would be no chain. 
    worth reading the thread - mother died without a will 

    snickpan said:
    thanks everyone!
    House was in dad's name (that's how mortgages worked in the 60s!), mum got probate in July.  Dad had a will, everything to go to mum.  Mum died without a will - or not one that I've found so far!
    Loving all the tips and contradictions, bungalow is probably worth £375k, the nephews are early 20s, one daft with money, one not so much  :)
    I shall read the replies again, see what the votes are, for and against probate!
  • Mrs_Z
    Mrs_Z Posts: 1,145 Forumite
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    edited 14 January at 10:34AM
    Surely it is possible to obtain a copy of the probate granted to your mum (for your dads estate) -I think it’d be the same place where you can obtain a copy of will, they are public documents. Gov website suggests the cost is £16. (Assuming you are in England)
  • Flugelhorn
    Flugelhorn Posts: 7,667 Forumite
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    Mrs_Z said:
    Surely it is possible to obtain a copy of the probate granted to your mum (for your dads estate) -I think it’d be the same place where you can obtain a copy of will, they are public documents. Gov website suggests the cost is £16. (Assuming you are in England)
    how would that help?

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