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...]
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...]
A RICS Probate Valuation Helps Reduce IHT Liabilities
As an executor, you will need to have the personal possessions which form part of the estate valued. It may be tempting for executors to do this simply by estimating the values themselves, particularly in smaller estates. Alternatively, they may risk using an … [Read more...]