We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Probate - grateful for a sanity check !
Scenario: Parent A and Parent B now deceased. The house deeds show them as 'Tenants in Common' with a life interest trust if I've understood the terminology correctly. Somewhat simplified by having a single beneficiary (child) who is also the executor and trustee.
When Parent A died (Feb 2026), as far as I can see no action was taken by Parent B to update land registry etc, basic assets such as bank cash transferred as surviving partner.
Parent B sadly now also deceased (Sep 2026), hence now looking at this board …
So, as far as I can work out I need to do the following:
- Apply for probate for Parent A, using house value as at Feb 2026 (50% value)
- Also apply for probate for Parent B using current valuation (100%)
- Both sets of probate should then give the authority to sell the property / deal with assets etc. No need to update the Land registry as this will be released on sale anyway.
Have I missed anything ? Seem relatively straightforward and will be no IHT tax to pay (house estimate £250000, other assets mostly cash, approx £30000). I think I can just apply for probate as an 'excepted estate'.
Very grateful for any comments etc - cheers
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.6K Banking & Borrowing
- 254.8K Reduce Debt & Boost Income
- 456.1K Spending & Discounts
- 248.2K Work, Benefits & Business
- 605.7K Mortgages, Homes & Bills
- 179K Life & Family
- 263.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards