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Author Topic: I've recently entered the world of .......  (Read 5067 times)

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Field Marshal Dr. Opti

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I've recently entered the world of .......
« on: 06 January 2016, 20:23:04 »

.....solicitors, probate, and inheritance tax. :-\

Can you believe £180 P/H for a solicitor ........(£150 plus VAT) :'(
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Sir Tigger KC

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Re: I've recently entered the world of .......
« Reply #1 on: 06 January 2016, 20:24:29 »

DIY.  It's not that hard, just time consuming.  ::)
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Entwood

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Re: I've recently entered the world of .......
« Reply #2 on: 06 January 2016, 20:27:47 »

DIY.  It's not that hard, just time consuming.  ::)

Totally agree ... done it 4 times now .... keep good records of phone calls and a copy of every piece of paper you send or receive. all the forms and the "how to" on filling them out are available on line.
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Field Marshal Dr. Opti

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Re: I've recently entered the world of .......
« Reply #3 on: 06 January 2016, 20:37:25 »

Yes....we are keeping the use of solicitors to the bare minimum. :y
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Sir Tigger KC

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Re: I've recently entered the world of .......
« Reply #4 on: 06 January 2016, 20:41:14 »

I had to do it last year.  Local solicitor quoted me £2500 + VAT, with the caveat ".... but it might be more depending on how much work we have to do."  ::)

oppsing bunch of shysters I thought and did it myself.  It took about 3 months to wrap everything up.  :y

Some bedtime reading for you M'lud!  :)

http://hmctsformfinder.justice.gov.uk/HMCTS/GetForm.do?court_forms_id=735

https://www.gov.uk/government/collections/inheritance-tax-forms

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Field Marshal Dr. Opti

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Re: I've recently entered the world of .......
« Reply #5 on: 06 January 2016, 21:10:05 »

To date we have managed to persuade the joint executors of the will to 'renounce' any claim they may have. We achieved this without the help and expense of solicitors. :y

One executor was a shady probate company who we refused to work with....or pay. >:(

The second was Mrs Opti's sister.

Mrs Opti will now become sole 'administrator' a position equivalent to an executor.




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STEMO

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Re: I've recently entered the world of .......
« Reply #6 on: 06 January 2016, 21:12:17 »

To date we have managed to persuade the joint executors of the will to 'renounce' any claim they may have. We achieved this without the help and expense of solicitors. :y

One executor was a shady probate company who we refused to work with....or pay. >:(

The second was Mrs Opti's sister.

Mrs Opti will now become sole 'administrator' a position equivalent to an executor.
Wills are not that hard to write, why do people get probate companies involved?
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Field Marshal Dr. Opti

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Re: I've recently entered the world of .......
« Reply #7 on: 06 January 2016, 21:13:33 »

I had to do it last year.  Local solicitor quoted me £2500 + VAT, with the caveat ".... but it might be more depending on how much work we have to do."  ::)

oppsing bunch of shysters I thought and did it myself.  It took about 3 months to wrap everything up.  :y

Some bedtime reading for you M'lud!  :)

http://hmctsformfinder.justice.gov.uk/HMCTS/GetForm.do?court_forms_id=735

https://www.gov.uk/government/collections/inheritance-tax-forms

Thanks, Sir Tig......I shall read this instead of my latest copy of Asian Babes. ::) :)
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Field Marshal Dr. Opti

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Re: I've recently entered the world of .......
« Reply #8 on: 06 January 2016, 21:15:21 »

To date we have managed to persuade the joint executors of the will to 'renounce' any claim they may have. We achieved this without the help and expense of solicitors. :y

One executor was a shady probate company who we refused to work with....or pay. >:(

The second was Mrs Opti's sister.

Mrs Opti will now become sole 'administrator' a position equivalent to an executor.
Wills are not that hard to write, why do people get probate companies involved?

Unless we are talking about an estate the size of Michael Jackson or Elvis, I agree.
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STEMO

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Re: I've recently entered the world of .......
« Reply #9 on: 06 January 2016, 21:15:36 »

I had to do it last year.  Local solicitor quoted me £2500 + VAT, with the caveat ".... but it might be more depending on how much work we have to do."  ::)

oppsing bunch of shysters I thought and did it myself.  It took about 3 months to wrap everything up.  :y

Some bedtime reading for you M'lud!  :)

http://hmctsformfinder.justice.gov.uk/HMCTS/GetForm.do?court_forms_id=735

https://www.gov.uk/government/collections/inheritance-tax-forms

Thanks, Sir Tig......I shall read this instead of my latest copy of Asian Babes. ::) :)
I thought the curry's catalogue was your favourite read.
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Terbs

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Re: I've recently entered the world of .......
« Reply #10 on: 07 January 2016, 12:23:35 »

Thoughts with you, good Doctor.
Luckily, (if you can call it that), but I am in the process of sorting mums will. As there was no property involved (too complicated to explain why) and as mum was in a care home, the government had taken all her money in fees, prior to state aid. Thousands !!!!.
As what is left, no material assets only cash, I went to the bank with the will, and as they knew me as POA, they have released the cash to me, as it was under their probate limit of £30,000, and I am executor and sole beneficery.
So with the 'Tell us once' system, which you no doubt know about, my duties are very, very much reduced. :)
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Field Marshal Dr. Opti

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Re: I've recently entered the world of .......
« Reply #11 on: 07 January 2016, 16:58:37 »

Thoughts with you, good Doctor.
Luckily, (if you can call it that), but I am in the process of sorting mums will. As there was no property involved (too complicated to explain why) and as mum was in a care home, the government had taken all her money in fees, prior to state aid. Thousands !!!!.
As what is left, no material assets only cash, I went to the bank with the will, and as they knew me as POA, they have released the cash to me, as it was under their probate limit of £30,000, and I am executor and sole beneficery.
So with the 'Tell us once' system, which you no doubt know about, my duties are very, very much reduced. :)

Sadly the days of a cradle to grave welfare system are now long gone. :-\
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ted_one

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Re: I've recently entered the world of .......
« Reply #12 on: 07 January 2016, 17:31:44 »

My dad passed away back in October and we have been lucky as my nephew is a solicitor,so he is handling probate on a freebie :y also for us there are only three beneficiaries in the will (there will only be one as soon as the contract on my two sisters gets sorted) 8) :-X  Apparently probate can take up to year or more if things are complicated.....could be dead meself  by then :o
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Terbs

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Re: I've recently entered the world of .......
« Reply #13 on: 07 January 2016, 18:25:26 »

My dad passed away back in October and we have been lucky as my nephew is a solicitor,so he is handling probate on a freebie :y also for us there are only three beneficiaries in the will (there will only be one as soon as the contract on my two sisters gets sorted) 8) :-X  Apparently probate can take up to year or more if things are complicated.....could be dead meself  by then :o

You're a caring sod, Ken ;D ;D ;D
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ted_one

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Re: I've recently entered the world of .......
« Reply #14 on: 07 January 2016, 18:26:50 »

Never have liked the bitches ::)
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