Hi Folks looking for a few questions answered about the hole probate process.
In Summary my Mother died leaving a house, some cash and a 1/4 share in a 2nd Property (holiday home previously belonged to her parents, now shared with her 3 siblings) all to be split equally between My Brother and I.
What is the acceptable method for valuing a house? Is what its valued at for property tax sufficient or must it be done by a chartered surveyor?
How do you put a realistic value on a 1/4 share of a holiday home given the difficulty involved in selling it?
What happens post probate if we say for example discover a bank account in my mothers name?
What is a typical fee for a solicitor to charge for acting as executor of a will?
Have a few cheques in my mothers name, is it possible to lodge these in to her to reduce her outstanding bill credit card a/c? bank a/c is frozen
Also can bills such as property tax and house insurance be deducted from the estate?
In Summary my Mother died leaving a house, some cash and a 1/4 share in a 2nd Property (holiday home previously belonged to her parents, now shared with her 3 siblings) all to be split equally between My Brother and I.
What is the acceptable method for valuing a house? Is what its valued at for property tax sufficient or must it be done by a chartered surveyor?
How do you put a realistic value on a 1/4 share of a holiday home given the difficulty involved in selling it?
What happens post probate if we say for example discover a bank account in my mothers name?
What is a typical fee for a solicitor to charge for acting as executor of a will?
Have a few cheques in my mothers name, is it possible to lodge these in to her to reduce her outstanding bill credit card a/c? bank a/c is frozen
Also can bills such as property tax and house insurance be deducted from the estate?