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 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: 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 …
Probate Valuation Of Chattels: Leaving Real Estate In The Will Part 2
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 …
House Contents Valuations | Leaving Property In The Will
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 …
House Contents Valuer: Applying For Probate Part 2
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 …
House Contents Valuations: Applying for Probate
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 …