Avery Associates

You accept the nomination out of affection for the friend you lost, register the death and are ready so start implementing their final wishes. But wait: you need official permission from the authorities.  That includes making arrangements for inheritance tax. However your first major hurdle is valuing the estate. Preparing an Application for a Grant of Probate 1. Download Form PA1P which is the official probate application form.  You can complete it and file it safely on your computer. It will take you a while to locate all the assets, and complete all the details. This information will make administering the estate easier, so it’s worth doing a thorough job. 2. Value the estate as best you can, making sure you list all the assets, and subtract all debts and liabilities from the total value. Your goal is to establish whether the net result is below £325,000 or not, because that’s the point where inheritance tax becomes payable. 3. Download form IHT205 (no inheritance tax) or f...

Compulsive hoarding is too slim a topic to attract much attention from scientific researchers at this time. However, the broader debate around OCD and the Covid-19 impact did obtain the interest of one Dr Debanjan Banerjee. He works with the National Institute of Mental Health and Neurosciences in Bangalore, India. Obsessive Compulsive Disorders (OCD) are an interlinked series of conditions. Persons with them display uncontrollable, reoccurring thoughts and / or behaviours. Compulsive hoarder house clearance was once part of this motley collection. Dr Debanjan Banerjee’s report is thus of related interest, especially as we include a hoarder house clearance in our portfolio of probate-related services. 1. The Backdrop to OCD and the Covid-19 Impact We have faced an evolving threat over the past 100 days. A new coronavirus strain, SARS-CoV-2 introduced a dangerous viral infection called Covid-19. The initial outbreak was in the Chinese city of Wuhan. Over 4 million cases are on record ...