This brief introduction to chattels and capital gains tax is just that. You’ll find a more complete guide to capital gains tax implications by following the link. If you intend acting on what follows, you should speak to your tax adviser first, before reaching any … [Read more...]
Fly Tipping in England Why Is It An Issue?
Fly tipping in England is a concern to many of us, because it is so unsightly. However, the deeper issue is the potential damage it causes to our environment, especially to our water resources. Perhaps you are not overly concerned about the threat to humans, wildlife … [Read more...]
Chattels For Probate What You Should Know
The word ‘chattel’ is a legal term for tangible, movable assets we can touch. It derives from the Middle English chattel, which probably came down to us from the Latin word 'capatalis'. Although there is also a counter-theory it derives from the Anglo Saxon derivative … [Read more...]
RICS Probate Valuations & Art of Comparables
A solid property valuation is essential when providing estimates for probate purposes. Any estate worth more than £325,000 in terms the current threshold, attracts 40% inheritance tax above that value. The requirement for accuracy also comes into play when dividing an … [Read more...]
Self-Neglect, Hoarding and Adult Care
It’s never easy to try to help an adult hoarder restore some order to their home. We have cleared enough of these homes down these years to wonder whether an earlier intervention might have helped. We came across guidelines from Royal Borough of Kensington and Chelsea … [Read more...]
Claiming From a Deceased Estate
A close family relative is not a guarantee of an inheritance from them when they die. Nor is a verbal promise to remember us, no matter how genuine they seemed at the time. That's because claiming from a deceased estate follows one of these two well-defined paths: … [Read more...]
Guidelines for a Death Certificate in the UK
There’s not much anybody can do when it comes to winding up a deceased estate, without a valid death certificate in the UK. On the surface, it’s quite easy to order one after registering on the General Register Office website. They also supply copies of birth, adoption, … [Read more...]
Why Must I Place a Deceased Estate Notice?
Becoming an executor of a deceased estate may at first sight seem quite straightforward. All we need do is get permission from the government, pay estate duty if any, settle the cards and the mortgage, and share what’s left of the estate between the heirs. To expand … [Read more...]
How We Should Deal with Waste in UK
The government has strict laws regulating how we should deal with waste in UK. However, if someone were to ask you if a particular item was waste, how would you know for sure? We were not sure either until we visited a few forgotten government websites. Stand by if you … [Read more...]
How to Calculate UK Inheritance Tax Correctly
Inheritance tax is a toll the UK government levies on deceased estates within its ambit. An executor, or another responsible person is legally obliged to make a full and honest account. Should they fail to do so, and the government is out of pocket then it could hold … [Read more...]
