 | Forum
Reply | Probate/Estate planning question
at 15:24 27 Jan 2024
Sorry to hear you’re going through all this.
You should absolutely take proper professional advice because anything you read on the Internet or from this forum is not advice that is tailored to your particular circumstances. That said, some points to consider:
- the nil rate band for a main residence tapers off if the estate is worth over £2m in total at a rate of £1 for every £2, so if the estate is over £2.35m the main residence is irrelevant. Obviously it is also irrelevant if the estate is under the amount of the nil rate band (up to £650k)
- your mother’s estate will benefit from her nil rate band (£325k) plus any unused amount from your father’s, so potentially £650k, but less if your father made any bequests that used some of his nil rate band
- your planning needs to take account of the fact that you can’t know for sure how much your mum will be spending on the care home and therefore how much the estate will be
- your mum will be liable for income tax on net rent received from the properties, plus someone will have the trouble of managing them. If it were me I would seriously look at selling at least the one that was not her main residence and investing in something more liquid to generate the cash to pay for the care home. You could get a 4% plus after tax yield by investing in shortdated gilts (get ones with a low interest rate which sell at a discount to par because the capital gain on gilts is tax free)
- AIM shares are a possibility but as a previous poster pointed out are pretty volatile. I know someone who put some of her estate into AIM shares between 2019 and 2021. Overall, she is slightly ahead because of the 40% saving in IHT but they have gone down in value quite substantially (and most of them don’t generate much income). Note that HMRC will not tell you in advance which specific shares qualify for the relief. Also, what if your mum does not live for 2 years or what if the legislation changes? Obviously there is only any point in taking this risk with the portion of the assets which would otherwise be liable to IHT .
- it is not too late, if all the beneficiaries agree, to vary the terms of your dad’s will ( the deadline is 2 years from death) if that had any tax benefit e,g, to use the main residence relief for his house
Conclusion - it’s complicated so get that professional advice, |
| Forum
Thread | Watering the pitch
at 11:31 12 Nov 2023
Would be interested in the views of those more knowledgable than me on this. Yesterday, it seemed to me a few of our players were slipping over in the first half. So at half time the powers that be decided to water the pitch some more, and Dykes then falls over right in front of goal. We haven’t exactly had a drought recently so why is it necessary to put so much water on? Do other clubs do this? Not just yesterday, either, I’ve had a bee in my bonnet about this for years! |
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Reply | Greenwood
at 17:20 22 Aug 2023
He has not been convicted of any crime so cannot receive any criminal punishment. However, we are all entitled to form a view on his character and conduct based on evidence that is in the public domain. My view is we shouldn’t touch him with a barge pole. Others may have a different view, but it is worth bearing in mind that Man Utd, who know him best and supposedly have access to evidence we have not seen, despite saying he is innocent of the original charges, don’t want him to play for them - so why on earth would we? |
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Reply | Gareth on the BBC website
at 16:23 4 Aug 2023
“Chaotic”,”crazy”, “the state of the place” - those who were in charge last season might find this uncomfortable reading. Certainly implies Ainsworth has a negative view of Les Ferdinand’s leadership, and doesn’t reflect well on Hoos or the board either. Slightly surprised he is voicing that so publicly. |
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Reply | Electric cars…
at 21:50 26 Jul 2023
China working harder on renewables? Also on opening 2 new coal fired power stations each week. While we cripple our economy with the costs of net zero they are having a laugh at our expense. |
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Reply | Jake Clarke Salter
at 19:29 7 Jul 2023
I was rather shocked at the implication that they didn’t have tailored training before. I would have thought that was something absolutely basic that every professional football club would have. |
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Thread | Dykes scores
at 18:51 17 Jun 2023
Just got the equaliser for Scotland against Norway, and now Scotland have gone 2-1 up from his assist. Good news if we are selling him as it must enhance his value. |
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Reply | Just back
at 18:39 8 May 2023
I agree - he has been worse than useless in recent games and I will be glad to see him go if we can get almost any amount of money for him. |
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Reply | Just back
at 18:00 8 May 2023
I stayed as did quite a lot in the SB stand but very few in SAR. Applauded them because (a) I think there are a few like Field and Dykes who deserve it for their effort, even if the results have been poor (b) we probably won’t see many of them again and the likes of Chair and Willock have given us some great moments over their QPR careers |
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Reply | Coronation
at 12:22 6 May 2023
If you’re going to say a widely held view is a myth I think you need to provide facts, figures and sources. |
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Reply | I.T. (New laptop) advice please
at 21:09 3 Apr 2023
Have had an ASUS for a year or so and I’m very happy with it. Got a good deal on it at Curry’s PC World |
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Reply | Dykes
at 16:08 25 Mar 2023
In my opinion a much-underrated player. Not a prolific goal scorer, but both QPR and Scotland do better when he plays. Always gives his all and I’m in awe of how he has come back from being so unwell in January to playing at this level before the end of March. |
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Reply | Italy v England
at 21:43 23 Mar 2023
Staggered over the line. I never feel that Southgate really knows what he’s doing. But we’ll take the points. |
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Thread | Italy v England
at 19:29 23 Mar 2023
Surprised ther isn’t a thread on this. Do we only care about QPR? To be honest, I usually find Euro qualifiers a bore, but I have to watch tonight. My mother-in-law who spent the first 94 years of her life being indifferent to football has suddenly become a fervent fan and insists I watch with her to explain the finer points (she is under the illusion that 20 years of watching QPR has given me some insight into how the game should be played). She was bitterly disappointed to learn that her favourite player Erling Haaland won’t be leading the line for England. Luckily she also loves Harry Kane.
My prediction 1-1 (Kane) |
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Reply | Boris you Git (non qpr)
at 17:14 23 Mar 2023
What parts of the post do you consider to be anti-science or anti-reality and what evidence do you have? Do you think dismissing a poster as "the forum's premier nutter" counts as reasoned argument? I take it you don't agree with his hope that we don't "bully and silence those with differing opinions" as that seems to be exactly what you are trying to do with your post. |
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Reply | Glutton for punishment...
at 22:21 31 Dec 2022
I’ll be there. Hoping Sheffield United will be complacent and we’ll be determined to stop the rot whatever it takes. |
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Reply | Am I paranoid?
at 15:44 25 Jun 2022
Phew.. thanks everyone. Now I can find something else to be paranoid about. |
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Thread | Am I paranoid?
at 15:26 25 Jun 2022
Maybe I'm over-analysing things, but I've been looking at the photos and videos on the official website of the players returning for pre-season tests and the first training sessions. 3 key players I haven't spotted: Seny Dieng, Ilias Chair, Lyndon Dykes. Have I just missed them, have they fooled me with new hairstyles, are they late joining because of international duties or is there something to worry about here? (Is Dykes still injured?) |
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Reply | Season ticket help
at 16:14 30 May 2022
They've made a bit of a mess of this - it should obviously be those born BEFORE a given date who qualify for senior rate. And it seems you are right it is actually meant to say August 1961 - I was born March 61 and my ticketing account says my renewal is at the over 61s rate. At least there's some benefit in becoming a decrepit old codger. |
| | W12Mikey
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Site Scores| Forum Votes: | 96 | | Comment Votes: | 1 | | Prediction League: | 0 | | TOTAL: | 97 |
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