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After probate
I'm wondering what happens after probate is granted. Is that the end of the executor's involvement with officialdom, or do you have to report back to someone once you have settled the estate?
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Buying siblings share of house
Hi. My husband and I would like to buy my late MILs house but it needs substantial renovation much of which would need to be done before we could live in it. We intend funding the purchase from the sale of our current house which we have already put on the market (we have enough equity to buy the other house outright). The…
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How will I know of Nan's death
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No Probate after 3 years
My elderly uncle died in the first half of 2017. He was married without children and his wife is still living. A few years earlier when he entered his 90s he started to put his affairs in order. He told his extended family that on his death the oldest family members (nieces and nephews) would inherit part of his estate…
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Regarding a Will
Good Morning , This is question is regarding a will, My wife's mother and father made a will several years ago, upon their deaths they would leave their money to their childeren my wife and her sister ,sadly my wife's sister passed away last year, would the money that would have been split between my wife and her sister…
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Estate - intestate
Hello, I'm in need of some advice and help. My father passed away unexpectedly with no will and he was still married to my mother and lived together for the past 37 years with a son and daughter. He has two properties (one is rental and the other residence). Do I need probate? Both houses are joint tenants (one with…
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Money left to child in Trust, but not released until child is 25
D, F & P seems to be the most relevant forum for this post. Many years ago, Aunt Mildred decided that she wanted her great nephews and great nieces to benefit from her wealth. She set up a Trust for the children and two of the stipulations are that a) the children aren't told that they are going to be benificiaries of the…
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Littlewoods Account outstanding Credit.
HI All Hoping for some advice i found out yesterday that my father who passed away in January owes littlewood a sum of money, The money left in his estate would have covered the debt, however as this was in January i now have spent the money and i didnt know there was any debt outstanding. There was no will or lawyer as…
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Help needed, mums will + executor
Hi all, Wondering if any kind souls could give me some pointers (I know I need to contact the solicitor) But... 1- mum is sound of mind but physically going downhill, she is starting to ask questions as to what happens, very upsetting but has to be dealt with. 2- dad is sadly nolonger with us, mum has the will secure at…
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PETs - IHT403
Hello all you wonderful people Advice would be much appreciated. I'm in the process of getting figures together to complete IHT403 - potentially exempt transfers. It requires figures for gross income less income tax and net income, also expenditure under various headings. So I'm going through bank statements for the past…
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Needs some guidance after a Death in the family
My Mother-in-law has just had her Brother died suddenly, he was the last living member of her family but he never left a Will, He was never married and never had children so She has to sort all his affairs out. As he didn't have a Will and he had a small flat, a year old car and savings, We are very unsure have we have to…
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Problem with Solicitor
My brother died in January last year and didn’t leave a Will so my Mum is the next of kin. I am Power of Attorney for my Mum so I have been dealing with the Estate. In March last year I appointed a Solicitor to sort out the Estate as my brother was self employed and had a business so there was a lot of work to do on the…
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Contingent gift in will to child.
My friends child is a beneficiary in a will. The death was recent so nothing in the will has been sorted yet. However the sum her child stands to inherit is significant and the will specifies her child should receive this at age 18. My friend believes this would be too young for her child to inherit at a young age, and…
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How do I find out if I am the executor
This is a bit early, I hope! A few years ago, my aunt & uncle were making their wills and asked me to be the executor, which is fine. Sadly, my uncle died last night, and as you do, things play on your mind when you can't sleep. I know that they were making mirror wills, so as I say, I hope that I won't be needed for some…
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Gifts and IHT
Hi all, my dad left £1,000 to each of his eight grandchildren 2 years before he died. It was a gift for each. The solicitor says we will have to pay inheritance tax on it - will that be 40% of each £1,000 or is it taken as a collective amount - £8,000 and IHT charged just on the remaining £5,000? Thanks in anticipation!
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Who do house contents belong to?
Hi all, mum died several years ago and my stepdad kept the house like a shrine to her - she left everything to him. He has just died. His Will with house split four ways - doesn't specify contents, all left equally between four of us. Two of us were mums children from previous marriage and lived in the house as their home,…
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Council Tax Liability After Death But Before Probate Issued
My mother died a couple of months ago. My sister and I are the beneficiaries of her will but we have not processed probate yet. My family and I are buying a house which has been delayed and we will need to stay in my mum’s house for a couple of weeks until we exchange. I was wondering what we need to do about council tax?…
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I don't trust the executor
Hi all, after a lot of family disharmony my dad finally rewrote his will and made all four siblings executors and beneficiaries. It was intended to make everything fair and transparent. However, one sibling has begun the process of freezing the bank accounts without informing the others and is not making the death…
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Transfer Title Deeds in Scotland
I have had amazing help from people on this forum up to this point - especially forum member TcpnT - confirmation was granted by the court, banks have transferred funds to our executor account and beneficiaries are on the verge of inheriting. Could not have done this as easily and as quickly as I have without this forum's…
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FSCS protection for estate funds
I'm currently executor for 2 estates, one of which I'm running myself, the other is being done by a solicitor. This has the side effect that I get advice on process for one, which is applicable to the other. I recently was advised that "it is good practice not to distribute the estate until... 10 months after Grant of…