What are the top mistakes people make in their Wills?
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.
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.
A new study has revealed that almost a third (30 per cent) of UK adults do not fully understand key Inheritance Tax (IHT) terminology, while a similar number are unaware of the rate at which IHT is charged.
A worrying new study published earlier this week has revealed that the vast majority of Britons are leaving important health and welfare decisions ‘entirely to chance’ by failing to seek specialist legal advice.
People who are thinking of setting up a Lasting Power of Attorney (LPA) are being urged to tread carefully, after a Freedom of Information request revealed that an increasing number of Britons are appointing attorneys who are inexperienced or ill-equipped for the job.
Sir Bruce Forsyth sadly passed away back in August 2017, but in recent days, probate records have emerged suggesting that the much-loved entertainer ‘disinherited’ all of his children in his Will.
Families and individuals who ‘gift’ money to their children, grandchildren, friends or others need to be aware of the complex rules surrounding gifting and Inheritance Tax (IHT).
