Chancellor urged to consider ‘simplifying’ Inheritance Tax rules ahead of Budget
Chancellor Philip Hammond is facing fresh calls to consider Inheritance Tax (IHT) reforms ahead of the Autumn Budget on Monday 29 October.
Chancellor Philip Hammond is facing fresh calls to consider Inheritance Tax (IHT) reforms ahead of the Autumn Budget on Monday 29 October.
New data published by the Office of the Public Guardian in recent days reveals that the number of people submitting Lasting Power of Attorney (LPA) applications rose by two per cent year-on-year between April and June 2018.
There are several potential issues that can arise from not having a will, which can also be detrimental to loved ones; but still over 60 per cent of adults in the UK have resisted getting one. Awareness is important during National Wills Week; the impact of not having a valid will can be significant. Here…
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A prominent charity group is calling on UK families to leave behind charitable legacies in their Wills.
Last week, legendary singer-songwriter Aretha Franklin passed away at the age of 76, leaving behind no Will documenting what should happen to her estate.
Having a legally-recognised Will in place is vital to ensuring that your estate is passed on in line with your wishes and expectations when you die.
The number of UK families and individuals seeking out Inheritance Tax (IHT) advice will rise sharply over the next three years, a new study has predicted.
News that the Treasury’s Inheritance Tax (IHT) take has hit a record high in the past year has sparked concerns that IHT is not keeping up with the pace of UK house price growth.
UK families are being urged to consider the benefits of setting up a deed of variation (DOV), which may be able to help families to resolve difficult Inheritance Tax (IHT) issues after the death of a loved one.
Reforms are being made to the ‘Deprivation of Liberty Safeguards’ (DoLs) system, with a replacement known as ‘Liberty Protection Safeguards’ set to become law.
