Buying out siblings from an inherited property
Buying out siblings from an inherited property requires a specific process and can’t happen until probate is complete.
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Inheriting a house with a mortgage
When inheriting a house with a mortgage, the debt and interest keep being charged against the property and it's managed as part of probate.
When do you pay Inheritance Tax?
Inheritance Tax is due before the end of the sixth month after the date of death and is required in order to be granted probate.
What questions should advisers ask clients who are expecting an inheritance?
5 questions financial advisors should be asking clients who are due to receive an inheritance, in order to prepare them.
Executor Loans UK: Borrowing against an estate for liquidity
Executor Loans exist to help executors cover urgent estate costs when they don’t have the cash available to do so.
Will Andy Burnham scrap Inheritance Tax in favour of a lifetime wealth tax? And what does that mean for advisers?
Inheritance Tax has been in the news a lot more than usual recently, and that’s mostly down to our newest Prime Minister Andy Burnham.
Being a beneficiary of a will: What you’re entitled to
Beneficiaries are entitled to receive the inheritance left to them once the estate’s debts, taxes and expenses have been paid.
How is probate in Scotland different to England?
The process of going through probate is called Confirmation in Scotland, but both administer a person's estate after they die.
What happens to Premium Bonds after death?
After death, Premium Bonds pass to the estate. NS&I, the bank that holds them, stops new bond purchases and freezes the account.
What happens if a beneficiary dies during the probate process?
If a beneficiary dies during the probate process, what happens next is affected by timing and what is written in the will.
