After a person passes on from this world, they may leave a multiplicity of assets behind. Here we think of property and investments, as well as furniture, jewellery, and loose gear. Some else then has to pick up the pieces and pass these things on to their heirs. But … [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...]
Inheritance Tax in the United Kingdom – A Snapshot
Inheritance tax in the United Kingdom is a levy on someone who inherits from a deceased estate. The UK government deducts it from the estate itself before the proceeds can be distributed. If this is not practical, it may be willing to negotiate. A Brief History of … [Read more...]
