Posted on September 26, 2023
Here is a list of helpful reminders as to when you should consider updating your Will.
If any of the following occur, an update to your existing Will may be required:
Read more...Posted on May 24, 2022
The transferrable Nil Rate Band (TNRB) was introduced by the Finance Act 2008 and is available when someone has died on or after 9 October 2007, even if their spouse or civil partner died before this date. This was heralded by the Government as “doubling” the Inheritance Tax threshold for married couples and civil partners.
Read more...Posted on June 4, 2021
Making “gifts” is something that many of us do without realising the possible implications. However, making gifts can be a useful way to reduce or minimise any Inheritance Tax (IHT) liability on your death too.
Read more...Posted on April 15, 2020
It is a sad fact that whether related to coronavirus or not, many people will pass away during the current period where the country fights the pandemic.
What is an incredibly difficult time emotionally, is made even harder by not having family or friends around to give comfort and physical support.
Read more...Posted on March 22, 2019
A significant increase to Probate fees is set to take effect in April 2019
If you are named in someone's Will as an Executor, you may have to apply for Probate when that person dies. This is a legal document which gives you the authority to share out the Estate of the person who has died according to the instructions in the Will.
Probate fees must be paid up front, before the Grant of Probate can be issued. The current cost of applying for Probate when using a solicitor is around £160.
Read more...
