Probate Valuation Of Chattels: Registering a death
A person’s death usually needs to be registered within five days, this can be an especially difficult task during the mourning period. The following articles will help ease the process …
Probate Valuation Of House Contents
I.T.G. provide clear and accurate probate valuation & IHT valuations reports of house contents (Chattels) in accordance with HM Revenue and Customs guidelines.
I.T.G. probate or confirmation valuation provides a range of services to assist in the winding up of an estate. We provide our services to private individuals, solicitors, executors & administrators across the UK. Our aim is to make probate valuation as stress free as possible.
Probate Valuation Of Chattels: Tax affairs Of The Deceased
Step 1: Contact the Tax Office One of the first things that you have to do as the personal representative is to contact HM Revenues & Customs (HRMC) as soon …
Probate Valuation Of Chattels: What Is Probate?
‘Probate’ is a legal process relating to dealing with a deceased person’s affairs. It is also sometimes referred to as ‘administering the estate’. There are different terms used, depending on …
Probate Valuation Of Chattels: Wills & Court Intervention
Courts have wide powers to make alterations to a persons will, after the person’s death. It can exercise these powers if the will fails to achieve the intentions of the …
House Contents Valuations: Probate Generally
Probate simply means that the executor’s powers to administer the estate of a dead person have been officially confirmed. A document called a “Grant of Representation” is given which enables …
Probate Valuation Of Chattels: The Reasons for Making A Will
The main reason for making a will is to ensure that you make the choice as to who you leave your possessions, and not the state. You can impose any …
Probate Valuation Of Chattels: When to Produce a Will
It is essential that you produce a will as soon as possible. If you leave it, there is a chance that you may never get around to doing it and …
Probate Valuation Of Chattels: The provisions of a will
Having considered some of the many reasons for producing a will, it is necessary to look at exactly what goes into a will. Essentially, the purpose of a will is …
Probate Valuation Of Chattels: Wills and Taxation (Part 1)
The formation of a will which enables you to minimise your tax liability is of the utmost importance. It is likely, if you are well off that you will want …
Probate Valuation Of Chattels: Wills and Taxation (Part 2)
Business Property Since 1992 there has been 100% relief for the following categories of business property: Sole proprietor or partner Life tenants or interest in a business A holding of …