Will help
Posted: August 12th, 2019, 7:38 pm
Hi, my granmother died last week aged 93. My mother is first executor named on the will, and I am the second. My mother isn’t coping well with this, so looks like I will need to help her with most of it.
The post mortem was done today and we’ve been told we can call to make an appointment to register the death tomorrow.
My grandmother sold her house about 2 years ago to my sister at 30k below the market rate. She then moved in with her twin sister and her husband. She paid them a nominal rent. So she has no property in bricks and mortar, and nothing of any particular value possessions wise (no car). She has about £38k in her savings/bank. She has no debt (all utilities etc are paid for by her sister & her husband and included as part of her rent), and was a widower/no partner. In her will she has left all her money to be split between her grand children and great grand children (8 in total), her jewellery (no pearls or giant diamonds I don’t think!) to my mother (plus anything else of hers she wants). My Uncle verbally said he wants nothing so is not listed as a benificiary on the will (but is welcome to take anything of hers possession wise). Anything that is left is to go to charity.
Does this need to go to probate?
I’m thinking there would be no inheritance tax to pay?
So basically I think we need to register her death and get a reference number to use the governments “tell us once” service. Have the funeral, Notify her bank & insurance compamies etc so we can have access to that, pay for the funeral and divvy out the money as per her wishes? Or is that too simple?
TIA,
Jess
The post mortem was done today and we’ve been told we can call to make an appointment to register the death tomorrow.
My grandmother sold her house about 2 years ago to my sister at 30k below the market rate. She then moved in with her twin sister and her husband. She paid them a nominal rent. So she has no property in bricks and mortar, and nothing of any particular value possessions wise (no car). She has about £38k in her savings/bank. She has no debt (all utilities etc are paid for by her sister & her husband and included as part of her rent), and was a widower/no partner. In her will she has left all her money to be split between her grand children and great grand children (8 in total), her jewellery (no pearls or giant diamonds I don’t think!) to my mother (plus anything else of hers she wants). My Uncle verbally said he wants nothing so is not listed as a benificiary on the will (but is welcome to take anything of hers possession wise). Anything that is left is to go to charity.
Does this need to go to probate?
I’m thinking there would be no inheritance tax to pay?
So basically I think we need to register her death and get a reference number to use the governments “tell us once” service. Have the funeral, Notify her bank & insurance compamies etc so we can have access to that, pay for the funeral and divvy out the money as per her wishes? Or is that too simple?
TIA,
Jess