Are travel costs allowable executor costs

Discussion in 'Wills, inheritances and gifts' started by Tennyson, 17 Oct 2018.

  1. Tennyson

    Tennyson Registered User

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    8
    Hi

    I have recently been granted probate on my late fathers estate.

    His estate is in Ireland but I am based in England and have had to make several journeys to Ireland to check on things, sign papers etc. Can I deduct these expenses from the estate value? Does anyone know where I can read about what else is deductible?

    I am the sole beneficiary.

    Thank you
     
  2. mathepac

    mathepac Frequent Poster

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    Why would you want to deduct money from your own inheritance? Who benefits?
     
    noproblem likes this.
  3. noproblem

    noproblem Frequent Poster

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    Are you sure you're the only beneficiary, I seem to remember you looking for inheritance advice before?
     
  4. Tennyson

    Tennyson Registered User

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    Last edited: 17 Oct 2018
    Well I say I’m the only beneficiary but to be absolutely clear my Mum who was originally the sole benefactor ( divorced from my father) disclaimed her right to the inheritance for a consideration of E 15075( her threshold amount). So then my brother and I were beneficiaries, my brother disclaimed his right for a consideration of E 43,000 ( his remaining threshold amount as he had already been gifted a site. It’s been 5 years since my father died and taken a long time to get probate through.
     
    Last edited: 17 Oct 2018
  5. Tennyson

    Tennyson Registered User

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    Allowable and rightful deductions would make a difference to my CAT liability.