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IHT30 HMRC having it both ways
So you get probate, pay IHT and then some time later can seek an IHT30 clearance certificate to confirm that HMRC are happy with the amount of IHT you paid.Overall this means they are happy that the estate (which may have included a property) was valued correctly at the date of death.But they sneak in this cheeky line on…
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More on delays but not just probate
Just to make a change from the many threads on probate taking so long ... Does anyone have recent experience of how long it is taking for a typical DWP investigation where a repayment will be due? For those not aware, if there have been means tested benefits such as pension credit, DWP do not get involved with executors…
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What does the term 'docquetted' mean in a will?
Can anyone explain what the term 'docquetted' means in relation to a will?
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Applying letters of administration/probate
We are just filling in form PA1A (probate application without a will) and the last couple of pages (p.16 and 17) there are 4 questions ‘have you completed the following forms: IHT400 and IHT421 (Inheritance tax and probate summary - none to pay) IHT207 (if the deceased had a permanent residence abroad - no) IHT205…
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Repairs on inherited / probate property
Hello, Apologies if this has been asked before, I couldn't find a concrete answer. When inheriting a property that needs significant repairs (damp and electrical), can these expenses be claimed from the estate therefore reducing the inheritance tax liability? Thanks.
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Probate Query
Hi, my stepfather died on Monday and I am trying work out what to do next, we are waiting on the death certificate but I think I may need to apply for probate, from what I can gather he has around 60k in his current account, no savings in his sole name and no will. My mum and he always kept their finances separate despite…
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Capital Gains Tax on gifted property - Help!
Hello members, I’m posting in the hope that someone can help with my complicated circumstances. My mum sold her home in 2002. Her solicitor was a family friend and as she’d become fixated on the idea that her home could be taken if she needed to go into hospital, she transferred the funds from her old house and bought the…
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Premium Bonds - NS&I
Sorry if this is the wrong place to post but need some advice. My grandparents passed away last year a few weeks apart. Both having premium bonds. Lets call them N&G. They were married. N passed away first and everything passed to G G passed away and probate was applied for. N&SI have released the premium bonds G held as…
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What next?
I will try to make this as short as possible. My FIL died last year; he had been in a care home and there had been a huge dispute between the siblings (who were all on the same page) and their step mother regarding how much money she demanded from her husband's funds to keep the house etc. Her name is not on the deeds and…
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Missing will, believed to have been "misappropriated" by disgruntled family member: How to proceed?
Person A passed away. Person B is the executor of the will and the child of Person A. Person C is a sibling of the executor and also a child of Person A. Person B is named in the will and Person C isn't. The original document has gone missing from Person A's house, and has believed to have been misappropriated by Person C.…
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IHT guidance
I've been following this thread for a while and would appreciate some help pls. My wife recently passed away. We both have mirror wills with everything left to me. However, my wife did make a couple of gifts in the past few years and I'm trying to figure out if tax is due: 1. Property gift to our children. Value £300k. She…
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Just wondering. How long was it between the death and the funeral or cremation.
My father died earlier this year. He was in the funeral home for 6 weeks. Six whole weeks, we took the earliest date the crematorium in our town had an appointment for the service and cremation. Six weeks seems a long time to be in a fridge, and he was claustrophobic in life. When I lived in Ireland if you died one week,…
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Is Probate necessary
My father died after a short illness last week. I am the executor and have already registered the death and I am now moving on to all the other legal processes. My father’s will passes everything to my mum. There is the jointly owned home and around 20k in joint accounts. No debts and no non cash investments e.g shares…
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Will Trust Investments
I am a Trustee for my mother's Will Trust. The Trust states that my Dad is the sole beneficiary until his death and at that point, I and my two siblings inherit her estate. Up until a few months ago - Dad benefitted from living in the house. He has now had to move into a care home and I am selling the house. This means…
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Querying a Will
I have always been close to my Aunt and indeed my Uncle. We would go shopping or to the hairdressers or just a chat over a cup of tea.They told me I was a beneficiary of their Will for £5k and showed me where they kept it. They had fallen out with their daughter in law several years before which made it difficult for their…
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No will and my last parent has died - any key advice & great step by step guides I should follow?
My Dad died 5 years ago and My Mum passed last week and due to severe mental health issues she didn't, as far as I am aware make a will. There are 4 children and the only asset is my parents old terraced house which has unfortunately remained empty and unused for years and is in a right state. My Mum didn't even have her…
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When to Apply For Probate?
I have filled in all the inheritance tax forms and will be posting those tomorrow. My calculations are that there is no tax to pay on the estate. It says to wait 20 working days before applying for probate if there is tax to pay but, as there isn't, am I OK to apply now or is it best to wait for the 20 days? Thanks
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Council Tax rebate due to deceased parent
Hi our mother passed away in 2018 and our father in 2021 leaving the house to my brother and I. We moved into the property and, after watching MSE’s program, successfully had the council tax band reduced plus a refund from the date of our father’s passing. I understand the previous owner would be due a refund too but that…
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How does AIP work after death
FIL - died recently, since got probate etc FIL & MIL have a DWP letter from 2020 indicating they have Pension Credit and an Assessed Income Period ( can't find any later letters on the subject) and they last 5 years don't they ? His bank account had risen to 30k at time of death - just from pension payments, no other…
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Solicitors not making inheritance payments until all beneficiaries return bank details? I
Is this normal practice? About 6 months ago I was made aware I’d be receiving inheritance from a relative who died without a will and was told things were close to completion with payments ready to be made essentially. Their probate was granted in Jan 2023 and I have a copy of this so have seen what their estate is worth…