Hello
I am meeting with a solicitor next week to resolve an issue in relation to my fathers will. The position is this.
He left a valid will with my mother being the sole beneficiary (so no inheritance tax issues). The estate was small - the family home, a credit union a/c, a bank a/c and an insurance policy. There were no debts
Aside from the family home everything is sorted - no probate required.
However an issue has arisen in relation to the family home. To our total surprise the house was in my father's name only - not my mothers. There was no ulterior motive here - my mother just didn't get involved in paperwork.
I have spoken to the solicitor to see what needs to happen to transfer the house into my mothers name. He feels that probate may be required - and that is what our meeting next week will be about.
Just so I am prepared - does anyone have any sense of what the likely cost of this probate will be?
I have seen reference to 1%-2% of the property. Is this the going rate? I had hoped this would be a relatively simple task.
Many thanks
I am meeting with a solicitor next week to resolve an issue in relation to my fathers will. The position is this.
He left a valid will with my mother being the sole beneficiary (so no inheritance tax issues). The estate was small - the family home, a credit union a/c, a bank a/c and an insurance policy. There were no debts
Aside from the family home everything is sorted - no probate required.
However an issue has arisen in relation to the family home. To our total surprise the house was in my father's name only - not my mothers. There was no ulterior motive here - my mother just didn't get involved in paperwork.
I have spoken to the solicitor to see what needs to happen to transfer the house into my mothers name. He feels that probate may be required - and that is what our meeting next week will be about.
Just so I am prepared - does anyone have any sense of what the likely cost of this probate will be?
I have seen reference to 1%-2% of the property. Is this the going rate? I had hoped this would be a relatively simple task.
Many thanks