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Deaths, Funerals & Probate Board Sticky
Relevant Forum threads you may find helpful: * Introduction to this board * Useful references * Guide discussion: Probate: How to do it yourself If you've spotted any other threads on this board which you think should be highlighted, please do let me know. Useful content from MoneySavingExpert.com: * Guide to probate *…
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partially disclaiming a gift in a will
I'm in the process of dealing with my late father's estate which contains a house, money in banks and investment funds. In addition to my father's NRB and RNRB all of my late mother's NRB and RNRB are available so there are no IHT liabilities. My father's Will gifts all of his residual estate (basically everything) to…
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Probate - how long?
Hi, I know it's been asked before but on this cold and wet afternoon I've nothing else to do but think..... Probate submitted end of June, straightforward, just bank accounts, how long can it reasonably take? Apologies again for repetition, just wanted to hear some real experiences (recently) thanks
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How do I find a beneficary?
A beneficiary in my relatives will needs to be found. I have an address, but no door number. I also have a full name. How can I get in touch with this person?
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Online probate application - estate valuation & query re transferable nil rate band
Hello all. My mother has passed away and I am dealing with probate application on behalf of my brother and sister (who were also named as Executors but are leaving it up to me). I have two queries - probably rather naive but here we are... 1. The online form looks very simple. My mother sold her house when she went into…
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Assent and forms required
Hi I am in the process of applying for probate as my father passed away and I am named in his will as the beneficiary of the house. I used to live with my father and intend to therefore still stay in the house and not sell it on. I wanted to know then what I would need in order to put the house in my name? A quick look…
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Inheritance tax question
Hello all, I am currently doing a DIY probate application. There are two wills, one abroad and on un the uk. My relative lived aboard, and sold up in this country to serve out his retirement. In the uk, he has an account for 100K and three beneficiaries. Overseas, there are three slightly different benefices who benefit…
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Wills
Hi, firstly: I have one full brother and 2 half brothers. If I died intestate am I right in thinking that only my full brother would inherit anything I have because I'm not married, have no children, and parents are deceased? Secondly, I hate the idea that anyone can check another person's will after they've died. So, can…
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Buying a properrty going through probate
I am downsizing & have got an agreement to buy a property privately, currently going through probate. Solicitors details were exchanged last Friday. Probate applied for end of January, further info sent in end of April. Executors solicitor is dealing with the probate. I am trying to decide when to put my property on the…
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Buying out an Interest in Possession Trust
Could I please have some advice re the following scenario. A house is owned by husband and wife as tenants in common. The wife dies leaving her half of the house to the husband in an Interest in Possession trust. On the death of the husband the house will pass via the trust to a single beneficiary. The husband wishes to…
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Advice MIL died without leaving a will
Sorry but I know this will have been asked 100s of times but can I ask anyway. My MIL died 3 years ago just before the covid outbreak but she never made a will. She left 2 children my husband and his sister. We have a 12 year old boy. His sister has 4 grown up children. The estate is worth over 200k not sure of the exact…
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Update on Estate administration
Further to several discussions, not much on the way of progress, caveats remain in place but now one of my nephews is now claiming the house as his main residence. My brother, my potential joint administrator, has told his solicitor that his son moved in months before my mum's death and all the utilitieshave been…
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Utility bills after death of tenants in common
My parents have died but my brother owned a percentage of their home. While we wait for probate and then future selling of their house takes place should all bills come out of their estate or just the share that my parents owned?
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Executor changed will without consent of other executor
MrsT is co executor of her sisters will. The other executor is one of the deceased sisters children. The will provides a fixed sum from the estate to be paid to each of the 3 children with any balance to be given to charity. The will does state that if one of the children falls into hardship then a further distribution…
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Looking at buying a fire/water proof box for my will etc,any recommendations?
Looking at buying a fire/water proof box for my will etc,any recommendations? Thanks
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Deferred Payment Agreement versus House Sale
Is it better to go for a Deferred Payment Agreement with the local authority or to sell the house? My father is now permanently in a care home and we have to source the funding. He has £25,000 in savings and a house worth £700,000 (no mortgage). Are we better to sell the house and pay directly for the care home (investing…
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Daughter left 50% of property what is inheritance tax liability
My brother died last year midst divorce. He left his estate to his daughter as he had made a settlement with his wife ( although it hadn’t gone through as he died soon after ) So the property was owned as tenants in common so his half will go to his daughter. The daughters inheritance will be worth about £364000 after all…
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Capital gains tax when selling house as part of estate
Hi there. I'm the executor for a relative who passed away last year. I've recently sold their house as part of the administration of the estate, and there is capital gains tax to pay on the sale. When deducting legal costs and estate agent's costs from the capital gain, does anyone know whether I can also deduct the VAT…
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Grant of Confirmation
Good afternoon, I am in the process of completing the C1 Form and with the aid of this site I am almost ready to venture down to the Sheriff count to submit it. I am dealing with my Mother in Law's estate and it seems very straightforward. I only have two issues that I need to resolve. Any advice would be greatly…
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How long for HMRC to respond to tax on a Simple Estate
As per https://www.gov.uk/probate-estate/reporting-the-estate the executor of my late relative's estate (having sold all of the assets to cash) will soon be reporting the tax owed on this 'simple' estate by writing a letter to the HMRC with details of interest and dividends received into the estate during the…
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IHT Allowances and forms required for probate
The scenario I have is fairly straight forward I hope. My father passed away late last year and everything was left to my mother, including the house. Probate wasn't applied for. My mother has now recently died and the will leaves everything equally divided between the children, including the house. The house is worth…