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 Origins of English Property Law
The origins of English property law date back to 1215, and the Magna Carta. This concord ruled that nobody was above the law, not even the king, and returned stolen land to Welsh owners among other things. Since then, English property law has continued to regulate … [Read more...]
Comparable Evidence In Fixed Property Valuation
Identifying, sourcing, and applying objective evidence lies at the heart of any valuation, be it real estate or personal chattels. Comparable evidence in fixed property seeks to apply these principles using similar fixed assets. However, this is rarely an exact science, … [Read more...]
How Chattels and Gains Tax Work
A chattel is a tangible asset that you own, that you can physically touch and move around. This means it forms part of your estate, and is potentially liable for inheritance tax when you die. But some chattels are exempt, which is why it is essential to understand how … [Read more...]
