Author Archives: Andre

When Do You Need a Grant of Representation?

If you’ve been appointed as the executor of somebody’s estate, you’ll often need to secure probate to carry out your duties. With this in mind, Prestige Tax and Trust Services asks: when do you need a grant of representation? Dealing with the estate If someone wants to ensure that their estate passes to their lovedContinue Reading

How to Make a Statutory Will

In certain circumstances you may need to draw up a will on someone else’s behalf. To help you with this, Prestige Tax and Trust Services explains how to make a statutory will. Statutory will A will is a legal document which someone uses to detail what they wish to happen to their estate when theyContinue Reading

How to Value an Estate

If you’re the executor of a will, you’ll need to calculate the value of the deceased’s estate to perform your duties. With this in mind, Prestige Tax and Trust Services has decided to explain how to value an estate. Applying for Probate If you’re the executor of a will, you need to apply for probateContinue Reading

What Qualifies for Business Relief For Inheritance Tax?

If you’re a business owner, you should ensure your estate pays minimal inheritance tax on the value of your firm when you pass away. This is why Prestige Tax and Trust Services has decided to ask; what qualifies for business relief for inheritance tax? Business relief for inheritance tax You can lower your estate’s inheritanceContinue Reading

How to Make a Claim on an Estate

If a loved one has died without leaving a will, you could be entitled to a share of their assets. This is why Prestige Tax and Trust Services has decided to explain how to make a claim on an estate. What happens to ownerless property? If someone dies without leaving a will their estate e.g.Continue Reading

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