SevenyearCase demo: the estate of Margaret Hale
Gather
The firm uploads the statements it has. Sevenyear shows which months each account covers, finds accounts seen in transfers but not supplied, and drafts a letter for each gap.
Gaps and what was done
| Gap | Status | Action (recorded by your team) | Outcome |
|---|
Request letters, drafted
Drafts for your team to check and send on your letterhead; the yellow fields fill in from your firm's details. Sevenyear never contacts a bank.
Read
Each line is read from the page and checked against a second read: the bank PDF's own text, or a separate text-recognition read of a scan or photo. Ticked lines passed every check; the rest go to a person, with the reason. Click a line to see where it's printed. This demo includes six of the estate's monthly statements; a full case has all 252 months.
Pen and highlighter marks on this page are the family's own, made on the paper before it was scanned or photographed.
Flag and confirm
Your team enters the family's names when it opens the case, so payments to relatives can be recognised. Sevenyear flags the likely gifts, each with a reason and the line it came from. Your team decides each one with the executor, and items marked not a gift stay in the record. When a printed name fits two people you named, it asks which.
Draft and record
A draft IHT403 gifts schedule built from your decisions, for your team to check and file, and a report for the file showing what was reviewed, each gap and who decided what.
Draft IHT403 gifts schedule (extract)
Draft only. For the executor and their adviser to check, complete and file. No exemptions or reliefs have been applied, and nothing has been sent to HMRC. It covers gifts found in the bank statements reviewed; gifts of other assets, gifts with reservation of benefit and transfers from accounts outside this record are for the executor and their adviser to consider.
Every decision, with who made it
Report for the file
That's the record a pilot firm's file would get for this estate: every account and month, each gap, every decision and who made it.
Showing the sample decisions. Yours come back when the tour ends.