At the moment you can leave as an individual £325,000 free of inheritance tax – 650,000 as a married couple. From 6 April 2007 new allowance is being introduced which is often referred to as the main residence allowance. Initially the allowance will be limited to the first £100,000 of equity in your home, but will increase by 25,000 a year and by 2020 it will be worth £175,000 – or £250,000 as a couple.
With our Free Wills Friday coming up this July and August 2016, we've compiled a list of 6 reasons why everyone should have a will. This summer, all over 55's can receive a free will courtesy of children's charity Barnardo's, who will pay for our services in the hope you might consider them in your will.
19th September sees the Alzheimer’s Society’s Memory Walk come to Tyneside. In honour of our Principal, Jane Hucknall’s close relationship with both the Alzheimer’s Society and Age UK, Team Brennans are putting on their walking boots and taking to the Quayside.