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Forum: USA
Jul 10th 2021, 2:18 am
Replies: 13
Views: 1,942
Posted By Snippet

Re: Income/Capital Gains from UK Estate

So, are you saying I should file the form and just put a value of zero for the estate? Or are you saying I should wait until I do obtain a figure for my residual interest and then file the form...
Forum: USA
Jul 7th 2021, 9:58 am
Replies: 13
Views: 1,942
Posted By Snippet

Re: Income/Capital Gains from UK Estate

Regarding the 8938, the instructions say to report if you know or have a reason to know based on readily available information the value of
your interest in the estate. If you do not know or have a...
Forum: USA
Jul 7th 2021, 3:51 am
Replies: 13
Views: 1,942
Posted By Snippet

Re: Income/Capital Gains from UK Estate

Thank you for your replies. I do understand about all the informational reporting required, and I am aware (mostly), of how the estate administration works on the UK side. But that is not my question...
Forum: USA
Jul 6th 2021, 12:14 pm
Replies: 13
Views: 1,942
Posted By Snippet

Re: Income/Capital Gains from UK Estate

Thanks for the reply. Yes, I understand about the informational reporting requirements. 3520 etc.

However, my concern is specifically with how any capital gains realised by the estate will...
Forum: USA
Jul 6th 2021, 7:24 am
Replies: 13
Views: 1,942
Posted By Snippet

Income/Capital Gains from UK Estate

As a beneficiary of my late mother's UK estate, I have a question about any income, or capital gains from assets that are disposed of by the executors during the estate administration process.

In...
Forum: USA
Jun 17th 2021, 9:12 am
Replies: 3
Views: 1,160
Posted By Snippet

Re: Renounced Executor

Hi,

Thanks for the reply. Yes, I do understand about the assets belonging to the estate. However my concern is, if there could have been any access to any funds prior to probate, am I then...
Forum: USA
Jun 16th 2021, 11:37 am
Replies: 3
Views: 1,160
Posted By Snippet

Renounced Executor

Hi all,

I was wondering if anyone might have any answers to this question.

My mother, a UK citizen/ resident passed away last year and I was named as an executor in her will. I have since...
Forum: USA
May 3rd 2018, 4:17 am
Replies: 5
Views: 1,249
Posted By Snippet

Re: Cashing out Premium Bonds?

Yes, I think I am just going to get rid of them.

Do you think it would be ok to send the form back to them via the mail since
I am just cashing out, or would that still be considered illegal? ...
Forum: USA
May 1st 2018, 8:13 am
Replies: 5
Views: 1,249
Posted By Snippet

Cashing out Premium Bonds?

Hi All,

Back again with another question regarding financial matters. This time its about Premium Bonds.

I recently discovered to my surprise that I hold some Premium Bonds. Not many, five...
Forum: USA
Feb 19th 2018, 1:09 am
Replies: 21
Views: 3,411
Posted By Snippet

Re: FBAR Reportable Or Not?

Hi Everyone,

Back again with an update on some more info I have received.

Got some more advice and the answer was no. The reason given was, because a foreign estate is considered a foreign...
Forum: USA
Feb 14th 2018, 11:25 am
Replies: 21
Views: 3,411
Posted By Snippet

Re: FBAR Reportable Or Not?

Just to add. Thanks for all your replies.

I will be moving on with this matter now.
Forum: USA
Feb 14th 2018, 10:10 am
Replies: 21
Views: 3,411
Posted By Snippet

Re: FBAR Reportable Or Not?

AFAIK, the estate administration ended when I received the final payment.
In the letter from the solicitor when I received the prior payment, it said I
would receive the final payment when the...
Forum: USA
Feb 14th 2018, 6:50 am
Replies: 21
Views: 3,411
Posted By Snippet

Re: FBAR Reportable Or Not?

Sorry, the money was wired directly from the probate/estate account to my US account at the time it was released to me.

The issue for me is that this was in years past, so if it is reportable then...
Forum: USA
Feb 14th 2018, 3:52 am
Replies: 21
Views: 3,411
Posted By Snippet

Re: FBAR Reportable Or Not?

Hi again everyone, and thanks for the response.

Oh dear.....I just sent a reply, but it seems to have disappeared and is not showing up, so here goes again. Sorry if it comes up as a duplicate.
...
Forum: USA
Feb 13th 2018, 11:06 am
Replies: 21
Views: 3,411
Posted By Snippet

FBAR Reportable Or Not?

Hi All,

Long time lurker and first time poster here. I am urgently looking for some guidance and advice from someone who may have some knowledge about this issue. Thank you in advance for any...
Showing results 1 to 15 of 15


 
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