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What do personal chattels mean to your client?

Will drafters must note that the updated definition of personal chattels may not work for their client if they want to bequeath investment-type assets, say Matthew Howson and Katie Doyle

4 February 2014

The Inheritance and Trustees' Powers Bill, presented in the Law Commission's report Intestacy and Family Provision Claims on Death proposes changes to two areas within trust and succession law.

As part of an exercise to simplify and to modernise, the drafters have set about disentangling a particularly iconic definition, refining and redefining the legal concept of the personal chattel in intestate estates and a term commonly invoked by wills.

Personal chattels, defined by the Administration of Estates Act 1925, refers to tangible personal effects that s55(1)(x) suggests could include "carriages, horses" and "scientific instruments and apparatus" among others. It is acknowledged that some of those itemised chattels are outmoded and the definition itself unnecessari...

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