Managing and dealing with probate property valuation in a deceased estate is the often complex task of the executor. or the administrator. This complexity is not surprising, given that ‘property’, in the broader sense, includes everything the deceased owned when they … [Read more...]
The Value Of An Estate for Probate
Probate is a somewhat-dated legal term referring to the process for closing out estates. However, only the net value will pass to the heirs after HMRC has taken its inheritance tax slice. The value of an estate includes everything the person owned at the time their … [Read more...]
Could Mirror Wills Sever Joint Tenancies?
The law is an ass, a frustrated Mr Bumble observed in Charles Dickens’ Oliver Twist. That may, or may not be the case, however we should remember it is a stubborn old mule, before we create mirror wills without careful thought. That’s because we could innocently … [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...]
United Kingdom Tackling Plastic Waste Resolutely
Plastic waste was always going to present a challenge. Because if the government were to take it out with a single hammer blow, this could have major repercussions. Factories could close. Jobs would go. For these reasons we have to go along with United Kingdom tackling … [Read more...]
How to Calculate UK Inheritance Tax Correctly
Inheritance tax is a toll the UK government levies on deceased estates within its ambit. An executor, or another responsible person is legally obliged to make a full and honest account. Should they fail to do so, and the government is out of pocket then it could hold … [Read more...]
Offshore Estate with UK Assets? Resealing a Foreign Probate Grant
If you are closing out an overseas estate with UK assets, you may find it a real bind sorting things out between two governments. However, you may be in luck if the overseas country features in the archaic United Kingdom Colonial Probates Acts. These laws date from the … [Read more...]
Unearthing a Valuable Work by Sir Russell Flint in Brighton
Brighton, south of London was a popular holiday spot in Victorian times. However, jet travel enabled holidaymakers to visit warmer France and Spain. Brighton became half derelict in those down days, until the ‘hip’ set moved in and took over the best seaside … [Read more...]
