It may sound irresponsible to many, but a surprising number of executors don’t know they are nominated in wills. Until, that is they discover they are lumped with the task of finalizing the estate, and distributing the assets as the will dictates. They may find … [Read more...]
Probate Dilemma Who Actually Owns the Land?
Picture this. An aged relative has died and left you their entire estate in their will. However, there’s not much to it except a large tract of land in the south of England. Developers would break a leg to get their hands on it. But there’s only one problem. The HM Land … [Read more...]
Probate Contents Valuation-Art Hoard Of 100 Paintings In Epsom Property
Art Hoard Of 100 Paintings In Epsom Property A recent probate contents valuation took me to a property in Epsom, and having taken on the appraisal at short notice I had no idea of the nature of the contents to be valued. After collecting the keys from the probate … [Read more...]
An Overview of What Being an Executor Implies
You are legally responsible for the assets of a deceased person if you are appointed the executor of their estate, and there is a legal will. There may be other executors of course, including the solicitor who drafted the will, and the late person’s spouse or trusted … [Read more...]
Half UK Adults Are Yet to Make a Will – Does This Really Matter?
It may not matter at all to the deceased - unless they are able to look down ‘from above’ and tut-tut about what happens ‘below’. However, it could cause chaos to those left behind as they struggle to make sense of what to do next. The burden of deciding usually … [Read more...]
Reclaim the PPI That a Deceased Person Paid
Payment protection insurance (PPI) was a neat little upsell lenders used to have in the UK. It wasn’t always clear you were buying PPI, and some lenders were making as much money as the insurers. Whatever the case - fair or not - the UK government decided you can … [Read more...]
When Probate Fraud Arises What You Should Do
Tradition has it death and income taxes have the highest probability of striking. Unfortunately, due to human greed probate fraud also scores quite highly. That’s the possibility someone will find a way to circumvent a person’s will, and grab at least a portion for … [Read more...]