We wrote this article about the inescapable importance of accurate valuations, because they matter more than many people realize. Value affects how much tax we pay, what we can claim from insurance, and how fairly we share our assets upon death. Put simply, if values … [Read more...]
Property and The Matter of Probate
Property means different things to different people in the popular vernacular. However under English probate law, the term refers to the things we possess. That ownership follows us to the grave, so to speak. This brings us around to property and the matter of … [Read more...]
Property and The Matter of Probate
Property means different things to different people in the popular vernacular. However under English probate law, the term refers to the things we possess. That ownership follows us to the grave, so to speak. This brings us around to property and the matter of … [Read more...]
Chattels and Letters of Wishes
Do you remember when you last updated your will and testament, and were left confused by the legal terms the solicitor used? Your head was spinning with words like probate, laws of succession, chattels and letters of wishes. Many followers of our blog write back and … [Read more...]
Personal Property And Chattels In Law
The law sometimes has special names for things to avoid confusion between them. Personal property and chattels often boil down to the same thing, although this is not always the case. However, when solicitors speak of ‘chattels’ they should all be on the same … [Read more...]
Chattels For Probate What You Should Know
The word ‘chattel’ is a legal term for tangible, movable assets we can touch. It derives from the Middle English chattel, which probably came down to us from the Latin word 'capatalis'. Although there is also a counter-theory it derives from the Anglo Saxon derivative … [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...]
How to Value a House and Contents for Probate
A deceased estate must be valued for inheritance tax purposes before there can be any question of dividing up the assets. This article explains how to value a house, and contents because these often make up a significant part of any estate. It is worth mentioning … [Read more...]
