Probate Valuation Of Chattels: Hiring Accountants

Jamie Murray

Quality fast and reliable service with a cracking bunch of lads definitely recommended

Bill Mitchell

Contracted this company to clear the flat of my deceased mother. Two young guys cleared EVERYTHING out of the rented property, including furniture, carpets, ornaments, white goods and food/household products, politely, efficiently, and respectfully. Excellent service.

Charles winter

The guys from Northern House Clearance have just cleared a house for me in Scotland. The house was packed not only with a lifetimes worth of memories, but all the clutter that goes with it. Within 2 days it was emptied down to the floorboards. A great job from a good team of lads. Highly recommended.

Graeme hatton

An excellent 5 star service. Firstly the compassion shown due to the circumstances which resulted in having to use their services, not just on the phone but by the team who arrived, on time, to perform the job. Above all a friendly attitude goes a long way in stressful times. Professional from the start to the end of the day and due to the amount of clutter a second day was needed. I could not believe how much was cleared in just one day, it was as if the clutter had it's own clutter to clear. Hope that I never need to use them again, but if I have to clear another property they will be the only people that I call. Highly recommend them. G.Hatton. Cheshire.

Lorna Hamilton

Fantastic service. Highly recommend. The team was so helpful.

Richard Foster

The guys from Northern house clearing cleared my deceased brothers house which was in a state. They were very discrete and great guys very understanding at such a sad time. Great job guys thank you.

Xiu Yun Chen

This is a good company would highly recommend these guys. Very efficent and helpful.

Laura

Highly recommended. From my initial enquiry I found them to be efficient and professional and was given an immediate quote. On the day the guys arrived promptly and were friendly, helpful and thorough. I would not hesitate to use this company again and I would recommend to others. I felt in good hands and I, m very happy with the service I received.

Ruth Lawrence

The team arrived bang on time and began work immediately. They continued for five solid days and completed the entire clearance of my late uncles house, which was a case of extreme hoarding over many decades. They even removed carpets, curtains and swept up so the house was ready for sale. They were exeptionally hard working, polite and charged a reasonable price for this incredibly difficult job. Terrific service, absolutely recommended.

Accountants

Accountants immerse themselves in the tax system, looking for ways to enable people to keep more of their own cash. Seeking the advice of an accountant, when you’re preparing to draw up your will, can save your beneficiaries a substantial sum because they are experts in tax loopholes.

An accountant can also help your short and long term estate planning:

Short term. An accountant can advise you on trusts to incorporate into your will to help set in stone who gets what and when after your death.

Long term. An accountant can advise you on how to distribute your estate to your nearest and dearest and reduce any eventual tax liability.

While you may have some understanding of the legal and financial basics, which may be enough to write your own will, but having an accountant can to check it over can put your mind at rest. After all, if you make a mistake it may only come to light when your beneficiary has an unexpected tax demand land on their doorstep.

Accountants charge a flat fee for completing a specific task, such as setting up a trust, or charge by the hour. Top rated accountants can charge £100 or even £150 per hour. With hourly fees like this, it is very important to agree at the outset how much work needs to be done and at what price.

Preparing to meet the professionals – checklist

Take advantage of the free initial consultation that many solicitors and accountants offer. Take the following information with you when consulting an accountant or solicitor:

Your personal details and those of your partner.

Your children’s details.

Details of any stepchildren or ex-spouse.

Details of your executors, trustees, and guardians.

The approximate value of your home and the most recent mortgage statement.

Life insurance policies.

Information about your pension agreements.

A list of your assets and debts

A list of all major gifts you have made in the past seven years (these may be subject to inheritance tax).

Before agreeing to engage the services of a particular accountant or solicitor, ask yourself the following questions:

Do I feel confident about using this professional?

Do I understand everything the professional told me?

Did the professional fully understand what I am looking for?

Am I certain how much the advice costs me?

If the answer to any of these questions is no, ask for clarification or simply don’t go there. There is no shortage of solicitors and accountants in the UK.