Chattels were once a term the landed gentry may have used to refer to the private property of the peasantry. These possessions were restricted to highly mobile items like livestock, as the latter weren’t allowed to own their land, or houses in dark mediaeval days, These … [Read more...]
Chattels Valuation For Probate – A Complicated Process
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...]
Chattels and Capital Gains Tax – The Low Down
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...]
Can a Fixture Become a Chattel?
A chattel is a portable possession, as every schoolkid should know. However, it becomes a fixture if an owner permanently attaches it to a house on a property they own. Naturally, there are exceptions for lawyers to thrive over. Today we consider the reverse … [Read more...]
How to Value House Contents for Probate
How to Value House Contents for Probate Once someone has passed away, the executor of that person’s estate needs to get hold of a “Grant of Representation”. This document grants them legal authority to administer the estate. To do this, however, the entire estate has … [Read more...]
Valuation For Probate By RICS House Contents Valuers, Solicitors Recommendation
The valuation for probate of house contents has now become a serious matter for executors and solicitors. Solicitors Recommend A RICS Valuation For Probate Almost all solicitors will appoint a qualified RICS surveyor who has the knowledge and expertise to be able to … [Read more...]
