Inheritance tax explained Inheritance tax (IHT) is paid if a deceased person's total estate and certain gifts are worth more than £325,000 when they die. This level of £325,000 is...
This is a popular question and often causes confusion. So I thought I'd lay out a brief explanation of how inheritance tax (IHT) taper relief works. But first I suggest...
It is possible to nominate someone to have the legal authority to make decisions on your behalf, should you ever lose the capacity to do so yourself, via a Power...
Sorting out a Will has never been easier thanks to improved technology and an increase in competition. Getting a will in place will ensure that your assets and investments, possessions...
What is intestacy? If someone dies without a valid Will then they will be known as having 'died intestate' and their estate (money, property and belongings) must be distributed according...
Writing a will is one of the most important documents you could ever compile as it sets out your final wishes and ensures that those who are left to pick...
Inheritance tax earns the UK Government around £3.32 billion a year in revenue and this figure is set to increase. Part of the reason why the amount is so large...
Making a will is important as it ensures that your money, property and possessions are distributed in accordance with your wishes when you die. Additionally, a will can provide details...
As of the 6th April 2021 we move into the new 2021/22 tax year. Every year we see changes to thresholds and rates and this tax year is no different....
As of the 6th April 2020 we move into the new 2020/21 tax year. Every year we see changes to thresholds and rates and this tax year is no different....
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