<< Back to results
The IWC Glossary
Generally Assets are items belonging to a person deemed to have a value. An Asset could be money in a bank or building society or an Asset could be a property or land.
For the purposes of probate
and estate administration
personals item such as furniture and jewellery would not be considered an asset unless deemed to have a resale value such as an Antique. Person items would be classified as Chattels