Chattels Valuation For Probate - A Complicated Process Chattels valuation refers to the process of determining the value of movable personal property, or "chattels." These can include items such as furniture, jewelry, antiques, art, vehicles, machinery, and similar … [Read more...]
UK Property Data at Your Fingertips
An executor of a deceased estate has a duty to research all the assets thoroughly, and determine a fair value for estate duty. The heirs may also keep an eye on things if there are several, to make sure they receive their equitable share. UK property data on the HM Land … [Read more...]
When to Do Your Probate Property Valuation
You don’t necessarily have to rush your probate property valuation, unless there is inheritance tax to pay. Although the heirs will no doubt be calling on you, as executor regarding when they might expect their entitlement. This post is about valuing an estate of … [Read more...]
RICS Property Valuation for Probate in Context
The problem with the law is it sometimes zooms into the details that are oh-so boring. We decided to discuss RICS property valuation for probate in the broader context. That way, we can fit it into the wider picture of dividing an estate fairly after settling … [Read more...]
Truth Behind RICS Property Valuation
Probate is a legal term for the management of a deceased estate under government guidelines. This includes valuing any property, and settling any inheritance tax due. This process may be more than meets the inexperienced eye. This because HMRC wants to know the true … [Read more...]
The Store of Wealth in Your Chattels
An unusual mortgage could help you access the store of wealth in your chattels, if you don’t want to sell them right now. This is a particular form of security interest over tangible moveable property, and it works similarly to a property mortgage. Legal title to … [Read more...]
RICS Property Guide to Flooding
The RICS property guide to flooding explains the specific protection and adaption measures, that a prudent executor should take. This applies particularly to instances where there are delays in winding up an estate, and they find themselves acting as curator. RICS … [Read more...]
Separating Out the Chattels and Fixtures
One might have thought the distinction between chattels and fixtures was obvious at first sight. After all, Oxford Learner’s Dictionary defines chattels as ‘personal possessions that are not land and buildings’. While elsewhere it says fixtures are ‘fixed to a house … … [Read more...]
Sharing Family Chattels Under Probate
Sharing family chattels under probate can be a traumatic business, given the stresses of the moment that can cause rifts. We have had similar experiences when separating couples ask us to value joint possessions. Our discreet support includes converting them to cash, … [Read more...]
RICS House Probate Valuation Easily Explained
There are so many explanations for RICS probate property valuation in UK, it is not difficult to become confused. You may even wonder if some lawyer is trying to tangle you up in knots, although that should not be the case. We prepared this simple guide for Avery … [Read more...]