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My Dad died and left his estate entirely to my Mum. She
My Dad died and left his estate entirely to my Mum. She wants to apply for a variation to his will, to gift myself and my 2 children money. She is thinking of gifting my children £10 000 each, towards… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
11,909 satisfied customers
I would prefer to relinquish my Executor duties as I was POA
I would prefer to relinquish my Executor duties as I was POA for my deceased cousin. Can any Probate solicitor become Executor for me please ***** ***** … read more
Clare
Clare
Solicitor
Bachelor's Degree
35,577 satisfied customers
My mother gifted the property we live in to my husband and
My mother gifted the property we live in to my husband and myself in 2003, title to the gift was not registered until 2009. My mother died in 2012. Under United Kingdom law are we liable for Inheritan… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
11,909 satisfied customers
A husband dies in Dec 10 with an estate that would have been
A husband dies in Dec 10 with an estate that would have been worth £1m if disbursments had not occurred. In 2007 he disburses 100k to each of 3 children. On death he is survived by his wife who inheri… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
11,909 satisfied customers
I have an IHT question. I am dealing with my mums financial
I have an IHT question. I am dealing with my mums financial affairs as PoA since she has gone into a nursing home. she has a considerable estate way over the IHT nil rate band for this fiscal year. I … read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
11,909 satisfied customers
My question is in respect of Income Tax on a gift from a family
My question is in respect of Income Tax on a gift from a family member. My father is going to sell his house and move in with me and my family. We are going to convert a garage to turn it into a bedro… read more
Buachaill
Buachaill
Barrister
Master's Degree
5,654 satisfied customers
Dad passed away. Freehold home was jointly held so that it
Dad passed away. Freehold home was jointly held so that it passes to mum. Dad requested in his official will that 26000 be given to his adult children. Dads share of the cash they will not provide for… read more
Clare
Clare
Solicitor
Bachelor's Degree
35,577 satisfied customers
Karen set up a discretionary trust for her son in 2005, she
Karen set up a discretionary trust for her son in 2005, she put assets worth £300,000 into the trust (the nil rate band for 2005/06 was £275,000). Karen later died in Jan 2010 leaving a further £100,0… read more
F E Smith
F E Smith
Bachelor's Degree
7,837 satisfied customers
Hi there, Please could you asssit me with the follwoing question
Hi there, Please could you asssit me with the follwoing question regarding Wills:- My uncle died recently and four years ago he drafted a will and in the will he appointed me and my brother as the exe… read more
Senior Partner
Senior Partner
Bachelor's Degree
4,582 satisfied customers
My father died in March 2002 leaving a house worth 580,000
My father died in March 2002 leaving a house worth £580,000 (House A) and a cottage worth £70,000. My mother inherited everything as surviving spouse. She sold the house and bought another one for £25… read more
Aston Lawyer
Aston Lawyer
Head of Residential Property
LLB (HONS)
3,760 satisfied customers
Good morning, I am being left a friends house and the remains
Good morning, I am being left a friends house and the remains of her estate after her death. The amount is considerable and I would like to know if I will liable for inheritance tax and if so, are the… read more
Aston Lawyer
Aston Lawyer
Head of Residential Property
LLB (HONS)
3,760 satisfied customers
My partners mother transferred her house over to my partner
My partner's mother transferred her house over to my partner by way of Deed of Gift in 2004. 6 months later my partner sold the property for £150k and used the money to clear the mortgage on her own p… read more
Aston Lawyer
Aston Lawyer
Head of Residential Property
LLB (HONS)
3,760 satisfied customers
Hello! i have been given a property by my father. this gift
Hello! i have been given a property by my father. this gift is a gift with restrictions as he is continuing to use the property. he has the use of my property for the next 6,5 yrs. my property is wort… read more
Aston Lawyer
Aston Lawyer
Head of Residential Property
LLB (HONS)
3,760 satisfied customers
I met my husband in june 08 and we rented a house together
I met my husband in june 08 and we rented a house together in Aug 08. We have a house each that we rented out as they were to small to live in tog. Every month we put £1500 each in to a joint account … read more
Clare
Clare
Solicitor
Bachelor's Degree
35,577 satisfied customers
Father in law has signed money into 2 childrens names totaling
Father in law has signed money into 2 childrens names totaling 80K within last 4 years thinking the will would force the money to be split between the 4 children, however he has passed and 2 children … read more
INC
INC
Solicitor-Advocate
Master's Degree
3,892 satisfied customers
I am joint ececutor with my brother of my late fathers will,
I am joint ececutor with my brother of my late fathers will, the will states that everything is split / between my brother and myself, however my brother is contesting the will/probare due to a lump s… read more
Claire D
Claire D
Solicitor
Bachelor's Degree
3,045 satisfied customers
If my father has given me a gift or gifts in the last seven
If my father has given me a gift or gifts in the last seven years before his death, and if it was made clear to me that it was a gift and did not need to be repaid and yet a sibling does not believe m… read more
Patrick
Patrick
Bachelor's Degree
100 satisfied customers
I am a 68 year old widower. I want to give all my children ...
I am a 68 year old widower. I want to give all my children cash gifts to avoid tax on my passing. Is it true that I can give each of them £3000.000 per year tax free without any future tax demands ? M… read more
QC
QC
Senior Solicitor and Principal
Bachelor's Degree
802 satisfied customers

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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