Hi Peter
http://en.wikipedia.org/wiki/Inheritance_Tax_%28United_Kingdom%29
I would think that 'net personalty' is the gross value of personal assets
less any debts.
Gareth
Genuki Wales
http://www.genuki.org.uk/big/wal/
Help Page
http://home.clara.net/tirbach/hicks.html
Cwmgors/Waun
http://www.tytwp.plus.com/Waun/Waun.html
----- Original Message -----
From: "Peter.thomas" <peter.thomas(a)nidum.plus.com>
To: "J GRIFFITHS" <griffiths780(a)btinternet.com>;
<glamorgan(a)rootsweb.com>
Sent: Wednesday, April 29, 2009 1:27 PM
Subject: Re: [GLA] News Items of 1924 Number One Hundred-eightysix
J GRIFFITHS wrote:
Mr William EVANS, of 3, Tramway, Hirwain, Aberdare, who died on April
14,
left estate of the gross value of £734, with net personalty £428. Probate
of the will has been granted to his son. Mr. Theophilus EVANS, of 91,
Brecon-road, Hirwain, collier, and Mr Richard BUXTON, of Parc Uchaf,
Cwmdare, Aberdare, colliery agent.
Mr Joseph Butler JONES, of 19, Woodville-road, Cardiff, who owned the
horse "Cabin Boy" died on January 14, leaving property of the gross value
of £1,776, with net personalty £1,577. Probate of the will dated April 16
1923, has been granted to Mr. Morgan Llewellyn GROVER, of 30, The
Esplanade, Porthcawl, and Mr. Edward WILLIAMSON, of 26, Charles-street,
Cardiff, solicitor. The testator left £100 to Leonora LAWRIE, £50 each to
Gwladys Nightingale EDWARDS, Caroline HARRIS, and Mary WILLIAMS, £50 to
Julia GANE, £50 each to Margaret MORGAN, Margaret LEWIS, Mary THOMAS, and
Evan JONES, £50 each to the executors of the will, £30 for the upkeep of
certain family graves in Cardiff Churchyard, and residue of the property
to Christopher PRIDE of Canton, Cardiff.
John Patrick
The News Items have raised a question for me - what exactly does "net
personality" mean? Is it the nett value of the estate after all expenses
and taxes?
--
Cheers
Peter
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