Probate Valuation Of Chattels: Executor Duties
As an executor named on a will left by a testator (person who wrote the will), you will be called upon to administer that person’s estate after their passing. Since …
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: Preparing for Probate
Immediately after someone dies and before you begin the actual probate process, it is a good idea to take priority of some initial tasks first. This will make your role …
Probate Valuation Of Chattels: DIY Probate
If you are appointed as the executor or administrator of an estate upon a person’s death, you will soon be faced with the task of carrying out probate. Depending on …
Probate Valuation Of Chattels: Death Registration
One of the most important pieces of document that needs to be obtained for probate is the death certificate. Many institutions will require to see the document before you can …
Probate Valuation Of Chattels: Valuing Debts For Probate
It is crucial to have a detailed account of any outstanding bills and debts in the name of the deceased, as this is a requisite for probate. This is also …
Probate House Contents Chattel Valuations
Valuating chattels (items of movable personal property) have the potential to be either a goldmine or a minefield, even for a seasoned professional valuator. An item that was sold for …
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 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 …