From 6 April 2020, if you’re a UK resident and sell a residential property in the UK that is not exempted from Capital Gains Tax (“CGT”), you will only have 30 days to calculate, report and pay any CGT owed. Failing to pay any CGT by thi…
When a person dies, someone must be authorised to deal with their estate, which may consist of assets such as a home, personal belongings, finances and liabilities.
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The person or persons who have the right to deal with or “administer” the estate is known as the deceased’s personal representatives (“PRs”).
Their role is to:
- collect in all the assets of the deceased;
- pay the liabilities; and
- distribute the balance according to the deceased’s will or the intestacy rules in the absence of a valid will.
Dealing with the affairs of a loved one following a death can be a difficult and stressful time. Our team has a vast amount of experience in administering estates and can offer as much or as little assistance as required. For further information, please visit our Probate Expertise page.
If you have any queries please contact Kanika Sohpal on 0113 336 3384 or at email@example.com
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