The UK Government wants its slice of the cake, if any on offer before creditors and inheritors stake their claim. This presents the obvious temptation to keep property value low, although no wise executor would attempt that! Today we debate the wisdom of probate … [Read more...]
Deceased Estates and UK Tax Considerations
Deceased estates and UK tax obligations are tied up tightly in a ball, that may seem tough to untangle at first sight. However, if we keep our cool - and follow sage advice such as Low Incomes Tax Reform Group provides – we may not need a solicitor after all. But we … [Read more...]
Chattels and Inheritance Tax – The Facts
We’ve possibly seen all too many television road shows for there to be any doubt. There are treasures to be found in senior’s homes as they drift to the end of life's journey. We investigate the relationship between chattels and inheritance tax. Better read on, because … [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...]
Could Mirror Wills Sever Joint Tenancies?
The law is an ass, a frustrated Mr Bumble observed in Charles Dickens’ Oliver Twist. That may, or may not be the case, however we should remember it is a stubborn old mule, before we create mirror wills without careful thought. That’s because we could innocently … [Read more...]
Probate in Medieval England After 1066
Applying for probate is relatively simple nowadays, give or take the complexity of a will. What’s more, we can travel to the probate court and back on the wings of the internet. However, there was a different approach to probate in medieval England. Why you might have … [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 To Apply for UK Probate
After a person passes on from this world, they may leave a multiplicity of assets behind. Here we think of property and investments, as well as furniture, jewellery, and loose gear. Some else then has to pick up the pieces and pass these things on to their heirs. But … [Read more...]
Inheritance Rights of Non-Biological Children in UK
Biological children may not have a cast-iron right to inherit from their natural parent’s estate. However, they are ahead of the game, provided their parent did not leave a will excluding them. Today, we explore the inheritance rights of non-biological children, and … [Read more...]
Dealing With the Affairs of a Deceased Person
In times past an estate meant everything under the control of a noble, even the village and church buildings. Nowadays it includes the deceased’s personal possessions, money, investments, and everything else they own. Dealing with the affairs of a deceased person … [Read more...]
