I posted a few days ago about probate with MILs will
Now I have found out that the will in question leaves everything in trust for DH.
I’m not exactly sure what that means. Possibly we don’t need probate and would not need to pay Inheritance Tax. Although she is under the thresholds unless we are massively wrong about the value of her house.
Her husband has a lifetime interest in her house. Basically he can live there rent free for ever. That’s ok with us.
The two executors are also the trustees. This is my DH and her family friend. Family friend doesn’t not want to be an executor.
If you have experience of a will in trust I would love a quick idiots guide please.
We can’t do anything until we have collected the original will which is at her solicitors 300 miles away from us.
I was hoping to do probate myself but think the trust part may put a spanner in the works
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If a will is written ' in trust'
7 replies
glitterbiscuits · 20/10/2017 18:06
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