Tag Archive: assets
Who Can Take Out Probate?
Probate services concern the administering of the estate of a deceased person. The goal is to resolve all claims and distribute the deceased person’s property as per their final wishes. An authorised professional, or alternatively by a relative or friend, can handle the process. If the deceased’s estate is worth less than £5,000, or the… View Article
Will Writing, Valid Wills and Deeds of Variation
Will writing and ensuring that your assets are divided among your beneficiaries in the way best suited to your personal circumstances is very important. If the deceased has not left a Will the law decides who inherits the estate. This can result in a distribution of assets that would not have been the wishes of… View Article
Important Changes To The Intestacy Rules
Intestacy Rules have Changed New Intestacy rules? What does it all mean? well, people who die with less than £250,000 in assets but for those that leave more… Prior to October 2014 Surviving spouses or civil partner without children would inherit the first £450,000 of the estate plus half of the remainder. The other half… View Article