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.
Intestacy and Beneficial Joint Tenancy If you die intestate (without a valid will), strict laws governing the distribution of your estate take effect. In the case that you you die …
According to Halifax, the average home in Britain is worth around £200,000 which is a substantial sum especially when it comes to probate. Whoever you leave your home to is …
Letters of administration notes If the deceased left no will, then the next of kin will apply for a grant of letters of administration instead of probate. The same is …
Probate represents the official proof of the wills validity and is granted by the court on production of the necessary documents by the executor of the estate. Only when probate …
Trust property The term ‘trust property’ applies to any asset that is held in a trust. This can apply to: House or other buildings Land Shares, stocks and investments Cash …
If you think the beneficiary risks going bankrupt – perhaps they are not good with money or are struggling to get a business venture off the ground – you may …
When writing a will, there is a recognised format which must be followed for the will to be deemed legal. The following constitutes the basic outline: A will states that …
Changing a will may not be as straightforward as you think: Get it wrong and your beneficiaries may miss out on a large sum of money. Likewise, if you revoke …
Changing a Will in Scotland In Scotland, getting married doesn’t automatically revoke your existing will like it does in England. However, under Scottish law your spouse is allowed to make …
If the deceased’s debts are larger than the assets, then the estate is insolvent. If the estate is insolvent, not all the creditors will get what’s owed to them. Nevertheless, …