Net qualifying estate value for IHT:

Catherine_Maxwell

I'm attempting to deal with my late father's probate and have come unstuck at the first hurdle!

He was a 'tenant in common' with my surviving mother and has left everything in his will to me.  What do I enter in the box that asks for 'Starting with the net value above, take away the total value of any assets passed to a husband, wife or civil partner and any money left to charity', as I'm the daughter, not a wife or civil partner?

BIG thanks in anticipation for any help and advice...

Savvy_Sue

It sounds as if there's nothing to take away in that box.

So it's possible you'll have an IHT liability.

What's the rough value of Dad's estate?

Is your mother adequately provided for by other means? 

poseidon1

Catherine_Maxwell said:

I'm attempting to deal with my late father's probate and have come unstuck at the first hurdle!

He was a 'tenant in common' with my surviving mother and has left everything in his will to me.  What do I enter in the box that asks for 'Starting with the net value above, take away the total value of any assets passed to a husband, wife or civil partner and any money left to charity', as I'm the daughter, not a wife or civil partner?

BIG thanks in anticipation for any help and advice...

Are you certain your father's will left all his estate to you without qualification?

For example, in leaving his share of the house to you, was there no qualification that your mother be permitted to occupy for her life ( ie you can't sell whilst she wishes to live there, and you can't force a sale)? If there is a restriction over the property in your mother' s favour, then you would not have inherited this outright.

If in doubt please provided redacted wording of the will for clarification. No point proceeding with application for probate if any aspects of the will has been misconstrued.

p00hsticks

OP, If your username is your real name I suggest you contact the forum team to get it changed to something more anonymous - using your real name can make you the target of scammers who can use the details of things you post online. 

contact forumteam@moneysavingexpert.com

Keep_pedalling

poseidon1 said:

Catherine_Maxwell said:

I'm attempting to deal with my late father's probate and have come unstuck at the first hurdle!

He was a 'tenant in common' with my surviving mother and has left everything in his will to me.  What do I enter in the box that asks for 'Starting with the net value above, take away the total value of any assets passed to a husband, wife or civil partner and any money left to charity', as I'm the daughter, not a wife or civil partner?

BIG thanks in anticipation for any help and advice...

Are you certain your father's will left all his estate to you without qualification?

For example, in leaving his share of the house to you, was there no qualification that your mother be permitted to occupy for her life ( ie you can't sell whilst she wishes to live there, and you can't force a sale)? If there is a restriction over the property in your mother' s favour, then you would not have inherited this outright.

If in doubt please provided redacted wording of the will for clarification. No point proceeding with application for probate if any aspects of the will has been misconstrued.

In addition to that can you confirm if your mother and father were married at the time of his death?