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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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Who does rent belong to when one Tenant in Common Dies
Hello all I have surfed the internet for answers on this but unable to find what I am looking for so hoping some one here may know. Tenants in common. 1 owns 40% the other owns 60% Owner of 60% dies and leaves their 60% share of property to beneficiaries (direct relatives). Will states that the 40% owner can remain in…
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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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Property left in will
Hi, looking for advice please, I am the sole executor of my dad's house, I also inherit 1/3 of it. My 2 neices inherit 1/3 between them and my 3 nephews inherit the final 1/3 between them. I have had the property valued by 4 estate agents, the first said 200 - 210k, at which point I asked my nieces and nephews how much…
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Obtaining confirmation of death in Scotland without a will
I am trying to complete the admin required for conformation of death in Scotland without a will. I am at the stage where I need to apply for a bond of caution however, the insurance companies have told me that I have to do this through a solicitor and cannot apply for it myself. This is an unnecessary cost. Does anyone…
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Will Beneficiary
My father passed away last September, I lost contact with my father a few years ago, I have purchased a copy of his will from the gov webiste and I am listed as a beneficiary, I have contacted the company whom did the will to say I lost contact and have moved a few times, but not getting a reply. Do I need to just wait to…
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Grant of Confirmation
Hi, I’m trying to fill in the form for Grant of Confirmation for my dad’s estate (C1). I’m trying to do this on my own without a solicitor. I think I understand the main issues, it should be such a simple situation, but what exactly to put on the form is driving me crazy :mad:. Would be grateful if anyone could help.…
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Estate left to sister in Will - ISA and allowance
My uncle passed away back in February. We've gone through probate and are expecting the grant any day now. There is no property involved and savings under £55k - £22k of the savings is in an ISA. Will my mum as executor (and only beneficiary) need to open an ISA to receive the £22k that's in the ISA currently and will she…
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making a will
Hi all. Having spent over a week in hospital with a nasty water works problem, I was asked by my sister yesterday if I have made a will. (blunt and too the point.) I do not currently have a will in place, and its something up to this point that I've not thought about. so can I ask for any suggestions on making a straight…
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Probate: Is Trust part of the estate for IHT purposes Form IHT205 Question 4
My mother's brother formed a Discretionary Trust under his Will in March 2010, and he died in December 2010. As the primary beneficiary under that Trust, my mother lived in an apartment valued at £120,000 provided by the Discretionary Trust since her brother's death and until hospitalisation this year (about 13 years). The…
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Property sale, inheritance tax
Can someone please advise on the following situation? Parents are married. Parent 1 dies and everything is left to Parent 2 (house and savings) so the 500k inheritance for Parent 1 is unused and can be added on to Parent 2. Parent 2 then sells the house and goes into rented. When Parent 2 dies can the 1M allowance still be…
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Some questions about where to declare random payments
Good evening all. Feeling a bit poo at the moment filling out iht forms. Just some quick questions - where would i declare the following please : 1. Overpayment of a private pension (NHS), several payments were made after my father passed (needs to be repaid once probate is granted). I thought this was sorted through Tell…
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Will
I don't suppose anyone can explain this clause from the will for me please? "Power to make any such appropriation as is authorised by section 41 of the administration of estates act 1925 but without being required to obtain any such consents as are referred to in that section (and even though one or more of my trustees may…
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Stuck on math problem
Believe it or not I have a degree in English, and this Inheritance tax jargon has me flummoxed. What is the answer to this? Q14. Enter the value of the residential enhancement for the person whose estate you are dealing with now. It’s 175000 Q15 Multiply the value by the percentage at question 13??? Which is 100.0000 Ive…
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Solicitor refusing to distribute to executors - and refusing to refund overpaid IHT
Thanks in anticipation for any replies and help... We are coming to the end of an extremely arduous experience with our probate solicitors. Long story short, we have complained about two major acts of negligence during the process that we discovered - plus the poor service and behaviour of our case handler. After thorough…
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Do i need to apply for probate?
My elderly Mum died in her carehome on sunday aged 91. She has savings in the Halifax, one fixed rate isa (1 yr) with £17500 in it, a current account with £930 in it and an instant saver with £950 in it . She also has about 696 Halifax shares with equiniti that arent worth a lot at the moment. I looked after Mum for three…
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Mother died left half house in trust for siblings now stepfather dies
Our stepfather just died whom we were on good terms with. Our mother died a while back and had half of their house put in trust for us two siblings, her children. Now our step-father has died and left a will at the solicitors, which we haven't seen. Just wondering how this works. We think we are executors, unless he made a…
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Got probate and transferred father's savings accounts to my mother, but what about the house?
Searching the internet with this question all I find is that if they were tenants in common then the house automatically passes to my mother, but how 'automatic' is this? When my mother comes to sell the house, will it just be a matter of showing my father's death certificate to the buyer (or more likely the buyers…
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Normal expenditure out of income
Our father, who is in his 90's, has minimal expenditure and his savings are slightly over the IHT threshold. In order to minimise further IHT exposure, we plan (with his full consent) to make regular and equal payments to all siblings. I understand this procedure is legal, but I'd just like to be 100% sure there is no…
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Rental of a property during probate ( please help! )
Good Afternoon and thank you for reading this. Could somebody help me please with the below question or point me in the right directon :) - I'll be as brief as possible. (p.s. asking for family members - I dont stand to gainfinancially from any information given) Deceased estate ( 100k valuation - flat) 3 Executors with…
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Having Will Stored
My wife and I are just in the process of getting our mirror wills drawn up with Co-op Legal as part of Macmillan free wills. Co - op Legal are offering to store the master copy of the will once all signed, free of charge. This sounds like a good idea to me but thought I'd put it out there in case there's any negative side…