21-02-14, 01:01 PM
right then.
did my mum's with me as sole beneficiary. just fill in a few forms and bob's your uncle.
just finishing the F-i-Laws estate......6 properties, a business, gifts exceeding the threshold, transferable nil rate bands, you name it, it's in there.
THAT'S a pita.
If the total value of the estate is less than £325000, or £650000 for a couple, then it's something you can do yourself.
just make sure the deceased hasn't gifted anything prior to death in the last seven years exceeding £2500 p.a.p.g.
Regarding the property, inform the local council that it is now a rental property and that you require landlord exemption for X(max of 6 months pa) as the property is not yet let.
Set up an executors account with the bank and channel all monies through that until probate is granted.
sorry for your loss btw.
did my mum's with me as sole beneficiary. just fill in a few forms and bob's your uncle.
just finishing the F-i-Laws estate......6 properties, a business, gifts exceeding the threshold, transferable nil rate bands, you name it, it's in there.
THAT'S a pita.
If the total value of the estate is less than £325000, or £650000 for a couple, then it's something you can do yourself.
just make sure the deceased hasn't gifted anything prior to death in the last seven years exceeding £2500 p.a.p.g.
Regarding the property, inform the local council that it is now a rental property and that you require landlord exemption for X(max of 6 months pa) as the property is not yet let.
Set up an executors account with the bank and channel all monies through that until probate is granted.
sorry for your loss btw.
The problem with socialism is that sooner or later you run out of other people's money!