What counts as a personal chattel when somebody dies, is everything they owned, could touch and move, and could go with them when they moved elsewhere on earth. When they died they obviously could not take them with them. Their family now faces an important question: … [Read more...]
Determining the Value of Property Fairly
Determining the value of property fairly, is an essential step in distributing the assets in a deceased estate. A building and the land on which it stands, is likely to be the most valuable possession the deceased left behind. We share the factors determining how much a … [Read more...]
The Public Trustee as Executor of a Will
When you make a will, one of the most important decisions is choosing your executor. This is the person who will carry out your wishes after you die. Appointing the Public Trustee as the executor of a will is one option that may be worth considering. Most people … [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...]
Why Accurate Estate Accounts are Essential for Executors
Executors should manage deceased estates as custodians, and implement wills as written regardless of own opinion. That’s because tempers may flare over contentious issues and arguments can become personal. The executor must make detailed notes of money coming in, and … [Read more...]
