Who Gets Your English and Welsh Assets When You Die and Your Will is Invalid?
This article is about assets in England and Wales that are your legal entitlement. You can only bequeath things that you truly own. Because if you try to include anything else, the rightful owner could challenge your will and even overturn it completely. You should ponder carefully before deciding who gets the proceeds of your English and Welsh assets when you die. Specialist Advice from the Pen of Jeffrey Avery Jeffrey Avery is a specialist valuer of movable collectables. His work takes him into homes of deceased estates, where survivors ask him to arrange home clearances of unwanted items. They tell him they prefer to pay his slightly higher, yet still reasonable rates. Rather than take chances with fly-by-night tippers, and find the items dumped on open land alongside abandoned household waste. General Principles of Ownership and Wills Ownership is a state whereby a person, or legal entity has exclusive rights and control over an asset. Assets could be land, improvements, intellec...