29 Sep 2016

Can I live in the house while probate is being sorted

A question about : Can I live in the house while probate is being sorted

My mother has recently passed away having not left a will. Whilst probate is being obtained etc can I live in the house that I believe myself and my siblings would be beneficiaries of once it is sold. My concern is that the house would depreciate if left empty. I've been informed that probate may take over 12 months.

30 Sep 2016

law of intestacy

A question about : law of intestacy

01 Oct 2016

Changing My Will To Protect My Home

A question about : Changing My Will To Protect My Home

Hi,

I'm hoping someone maybe able to offer some advice.

I bought a house with a friend/ex-partner, everything is in joint names and it was bought that we both own 50% each.

At the time we verbally agreed that should anything happen to one of us the house would automatically go to the other as we both invested money and time into the house and no one else should any financial interest in our home.

30 Sep 2016

Probate

A question about : Probate

My father passed away last Sunday and I thought everything was going to be straight forward as I'm the named executer and also the only beneficiary of the will as dad has left everything to me, but dads bank has now informed me I need to go to Probate before they will release his funds even though there's only around Ј3,000 in total in his accounts and some of that will be going towards the funeral costs. Dad was a widower with no partner, nor brothers or sisters and I'm an only child so no brothers or sisters.

02 Oct 2016

Executor renunciation

A question about : Executor renunciation

What happens when one executor of a will renounces and the other executor is elderly, has no wish to take it on and was never asked by the deceased if they would be willing to be an executor? Do other beneficiaries of the will get asked if they are willing? The solicitor is already preparing the application for probate and the paperwork to pay the inheritance tax.

29 Sep 2016

Intestacy rules not followed

A question about : Intestacy rules not followed

Elderly relative dies with no will, lived like a pauper and in those circumstances left a somewhat shocking amount of money.

Nearest surviving elderly sibling applies for Letters of Administration & wraps up estate, sticking the money in a separate a/c where they have not touched it for 3 years.

Does not attempt to distribute it to possible beneficiaries, loosely speaking for valid reasons in a few of the cases - but I'm not trying to justify this action!

01 Oct 2016

do i need to probate?

A question about : do i need to probate?

background timeline:

2003 my step dad and mom bought a house to retire to for Ј162k, though the house is in my dads name.

2005 my mom sold the house they lived in to me for Ј60k.
2006 I sold the house for Ј165k and bought a place near where they retired for Ј145k.
2009 my mom died leaving her estate to my step dad. he did the probate.
2012 my step dad died and left everything to me.

05 Oct 2016

What does the 'net value of such estate does not exceed'? mean?

A question about : What does the 'net value of such estate does not exceed'? mean?

I have the grant and probate forms through from the registry and I am trying to match them up with the cheque and form that I have received from the executors.

Could anyone confirm what the 'net value of such estate does not exceed Јxxx' mean? Is that the amount left from the will after all deductions have been taken?

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