Throughout my career in financial planning I've always been struck by the lack of planning when it comes to passing money on to children and the next generation. There is...
The average Inheritance Tax (IHT) bill in the UK is a staggering £170,000, yet reducing your liability is often simple. Ironically most people don't even know their own potential IHT bill until...
Generally speaking we are free to dispose of our assets as we see fit when we die, however, the law does provide provision for people who have been financially dependant...
Inheritance tax is paid if a deceased's estate is worth over £325,000 at the time of death. The figure of £325,000 is known as the 'inheritance tax threshold'. Any amount above...
Cheapest way to update a will It is recommended that if you have written a will then you should review your will every 5 years. Reviewing a will makes sure...
Emergency Budget 2015 - Inheritance tax changes announced Changes to the inheritance tax (IHT) rules were announced in the Emergency Budget on July 8th 2015. There have been calls to...