Dismissals & Tribunal Claims: Everything Employers need to know
In this article, Employment Expert & Associate Chris Dobbs looks at dismissals and tribunal claims.
News & events
You need values of any money, property and possessions (known as their estate) of someone who’s died, on the date of their death, before you are able to get a ‘grant of representation’. This is the legal right to deal with their estate.
You also use your valuations to work out if inheritance tax must be paid on the estate.
You’ll need details of all the person’s assets and debts when they died - plus any assets they gave away before they died (known as ‘gifts’) and also any assets they held jointly with someone else.
An asset is anything the person owned with a value which could be sold.
Heather Varley is an experienced Legal Executive and an Associate in our Wills & Tax Team. She says “This may not seem straight forward if you are dealing with all of this for the first time, and it can be especially bewildering if you are grieving for the person who has died. We are here to help. We can value the estate and work out the inheritance tax for you.”
Our Wills & Tax Team are happy to discuss any issues that this raises for you. If you have any questions, you only have to ask us at Frettens. Please call 01202 499255 and Heather or a member of the team, will be happy to chat about your situation and your particular requirements.
The content of this article, blog or video is not intended as specific legal advice. For tailored assistance, please contact a member of our team.