Probate House Contents Chattel Valuations Part 2.
Capital Gains Tax on sales after death One of the first questions that the HMRC might raise when dealing with an estate on which Inheritance Tax is payable, is whether …
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 Chattel Valuations Part 3.
Chattels sold at auction The person valuating the chattels has two main responsibilities. First, is to correctly identify and catalogue the item being sold. This is to make sure that …
Probate Valuation Of Chattels: Inheritance Tax: Non-UK Provisions
Any UK-based assets transferred between spouses domiciled in the UK is exempt from Inheritance Tax. Spousal exemption is also applicable to non-UK domiciled spouses transferring assets to the UK, since …
House Contents Valuations: Contentious Probate
Tips and pointers in making sure that your will provides for your loved ones Contentious probate is one of the most increasingly frequent causes of litigation. Families and beneficiaries should …
Probate House Contents Valuations | Inheritance Tax Advice
Inheritance Tax Previously known as ‘Estate Duty’, Inheritance Tax is essentially a death tax on the total sum of your Estate after deducing all the exceptions and legal allowances. Estate …
Probate Valuation Of Chattels: Will Disputes
For wills that are invalid or if you feel that you or someone you know has not been properly provided for, there is a possibility of contesting or disputing that …
Probate Valuation Of Chattels: When A Grant Is Not Needed
A grant may not be necessary, and listed below are some of the instances where it may be possible to obtain the assets without a grant:- 1) Where a property …
Probate Valuation Of Chattels: Inheritance Tax
There is no tax where everything is left between husband and wife and the survivor is domiciled (has their permanent home) in the United Kingdom. Beyond that relationship, tax may …
Probate Valuation Of Chattels: Settling the estate
After the grant has been received the personal representative applies for the release of all assets belonging to the person who has died, by sending a copy of the grant …
Probate Valuation Of Chattels: Intestacy
Where a person dies without making a valid Will, it is said that they have died intestate and the property is distributed according to rules laid down in the Administration …