Category: Wills

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.

What happens if I don’t have a Will when I die?

Having a valid Will in place is essential for anyone who wants their estate to be passed on in line with their wishes. If a person dies without a Will in England and Wales, their estate passes on in accordance with the intestacy rules – which could have unwanted or unfavourable consequences for the wider…
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IHT ‘not keeping up with property prices’

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.

Could your family benefit from a deed of variation?

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.

Specialist legal advice crucial when drafting a Will

Families are being reminded to always seek specialist legal advice when setting up a Will, in order to avoid unforeseen fees or complications later down the line.

Almost a third of Britons ‘confused’ by IHT terminology

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.

Vast majority of Britons leave important health and welfare decisions ‘to chance’, study finds

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.

Bruce Forsyth ‘disinherits’ his children to beat IHT

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.

Charity groups urge Government to ensure IHT changes do not have “negative consequences” for legacy-giving

A number of voluntary sector groups are calling on the Government to tread carefully in its efforts to simplify Inheritance Tax (IHT), amid concerns that any drastic changes could have “potential negative consequences” for legacy giving.

Britons urged to consider complex IHT rules when gifting

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).