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Money has to be held in Trust(?) but solicitor has the funds.
Hi. I hope someone can help with this, because I'm more than a little lost with it all. My dad died and left my two daughters (10 and 16), a share of his estate but the stipulation is that they can't have the money until they're 18. I believe the Solicitors were the executors and were the ones to look after selling his…
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Probate questions
My mother passed recently and having held the funeral, trying to get my head around next steps regarding the estate and probate. Do bear with me as I have various questions but any pointers/guidance that can be shared would be appreciated. I have issued the 'Tell us Once' notification to stop her pensions. I am the sole…
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What to expect from an Investment Wrap Account once probate granted?
[note, I asked a similar question a week or so back but no responses - so mods, please feel free to delete that one & if I'm putting this in the wrong board I apologise, please move it!] Trying my question again - can anyone advise what my options and considerations should be with an investment wrap account now that I have…
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IHT436- Transfer of Unused Residence Nil Rate Band - Question 13/14/15 query
The instruction for Q14 reads "Enter the value of the Residential Enhancement for the person whose estate you are dealing with NOW". So that person died this year and therefore receives £175,000, but their spouse, whose unused Residence Nil Rate Band I am seeking to transfer to them, died in 2019/20 Tax Year and was…
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Car finance after deceased
my father sadly passed but he had a car solely in his name. We have informed the car finance company and provided them with a death certificate however they are wanting my mother to reply to an email to confirm her agreement to action a voluntary termination of the contract. It states for them to voluntarily terminate they…
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Tax implications from removing my main residence from the Lifetime Property Trust
I have removed my main residence home from the Trust and according to Land Registry, it will be completed by the 28th of April. Will there be a CGT and others I have to pay from removing it from the Trust and will be under my sole name? I was one of the Trustees and the other is SWW Trust Corporation. Beneficiaries are my…
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IHT on Gifts
I received a gift from my stepdad of £200k in April 2021. He passed away suddenly in February 2025. I know there was other gifts but unsure of the values etc. If I owe IHT when should I find out as I thought it was 6month after a death but it has been over 12 months
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Inheritance tax (IHT) when you live in a property half owned by wife's children
When my wife and I got wills made out, we arranged it so when either of us died, ownership of that person's half share of our house went to their own adult children, though whichever of us remained could live there (or subsequent property) for as long as required. After that second death, on sale of the house, half its…
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Changing the share of a property left in a will trust
Grateful for any insight. My parents owned their house as tenants in common and wrote wills 12 years ago that created a will trust on death and left each other a life interest in the other’s half and then the house would be left equally to their 3 children and 4 grandchildren. My dad has now passed away and mum has been in…
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Step children and inheritance tax and property
Hi All My husband and I have been together for just over 30 years but we just got married this Jan. He was divorced when we met and has three children. There is a 24 year age gap between us so I am closer to his kids age then his. When we bought the house it was in my name only as it was easier to get a mortgage for just…
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Will / trust
My dad has recently passed away and I am confused about the will. Mum and dad had mirror wills. They were tenants in common. Mum died in 2018 and left her share of the home in trust for 3 daughters (all over 18 / left home) with dad having a life interest to remain living in the property. Her residuary estate passed to…
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I need some help - Cyprus
My father (pops) passed away in Cyprus. Pops had dual citizenship and was living in Cyprus at the time. While I have been applying for the uk probate the British HM Courts and Tribunals Service have requested a copy of the Cyprus will. Does anyone know why they will need to see a copy of this will, as I have provided them…
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C1 Declaration box 2 address format
Hi, Newbie here, I've learned loads from this forum already. Thanks to all contributors. My question is whether the deceased and executor addresses should have their house number in words or numerals (which is how the Will addresses are stated)? If it's relevant the form will be submitted to the Falkirk office of The…
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More questions about gifts 🎁
When is a gift not a gift? If I go out to lunch regularly with a friend and we take it in turns to pay, is this a gift ? (From me to her / her to me) If I go out to lunch regularly (couple of times a month) with a family member as I enjoy eating out and don’t want to go alone, but she cannot afford it so I happily pay, is…
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Will Retrieval
Hi, My Father-in-Law passed away on Tuesday 17th Feb. He had a will prepared through Saga Legal Services. I understand that Saga legal Services have "merged" with Co-op legal services. However, I'm told the will "storage" is still managed by Saga. We are trying to retrieve the will, however no matter who we call, they…
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non-Mormon attending Mormon funeral
A colleague of my sister has died and sister would like to attend the funeral if it's not a private one. The colleague was Mormon and we don't have any other Mormon colleagues/friends/ family to advise. I was wondering if anyone here has personal experience and any tips for what to expect or things to consider, e.g. dress…
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Mum died leaving £1400 in debt- They said they'll wipe it if theres not enough in the estate but..
Mum had a £1000 in an overdraft and DWP want £400 back. She has a house which she left to me and it's valued at 140k. She had zero savings and both the DWP and the bank have said they'll wipe it if there's not cash enough in the estate (Both know about the house). However, she just got a refund on a life insurance policy…
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Contentious Probate help needed
Good morning, complex case but I'll try and keep it short. My mum passed away in January no will, local council took over her finances due to my brother financially abusing her and coerced her into signing her pension out early. He stole tens of thousands of pounds and spent It on ridiculous things. All while living in my…
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IHT403 Form Gifts from Excess Income
. Level of detail for household Bills I have been giving my son the same amount of money every year for the past 5 years as a Gift from Excess income. I keep a spreadsheet with a column for each year and it replicates the layout of the IHT403 form. For Household bills I have a linked worksheet that I enter the regular…
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How do you manage bills for someone else?
I need to manage the bills for my mother, the payments will come through her account as normal but I will be negotating/managing contracts for Gas, Electric, Water, Broadband, Mobile Phone, Council Tax, TV Licensing etc So how do I do this formally so any queries and issues are managed by me but the use and payments are by…
