Proposal to dramatically increase Probate fees With all the news surrounding Brexit you may have not read that the Government is proposing a new tiered system of Probate fees in England and Wales, based on the value of the deceased’s estate, rather than the current flat fee of £215. Presently...
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Tag Archives: inheritance tax
Bank of Mum and Dad
Posted in: News | , by AshtonGrace
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Bank of Mum and Dad New research shows that UK parents lend their children eye-watering amounts of money a year to help them on to the property ladder. But what do you need to know before making that bank transfer? The doors are open at the Bank of Mum and...
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4 Lessons we can learn from Prince’s death
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4 Lessons we can learn from Prince’s death Prince, the legendary and iconic African American singer, musician, song writer and actor died on 21 April 2016. He died without making a Will according to court documents filed by his sister Tyka Nelson. Prince’s net worth is estimated at $150 to...
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Budget 2016: Inheritance Tax
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With substantial changes planned in the rates paid for Income and Capital Gains Tax, it was unsurprising there were no major new announcements concerning Inheritance Tax (IHT). The Government instead reconfirmed its commitment to the new Residence Nil Rate Band (RNRB) introduced in the summer 2015 Budget: An extra £175,000...
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5 ways cohabiting couples can legally and financially protect themselves
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Unmarried partners living together have little legal protection We let you know what you can do to protect yourself if your relationship breaks down and how you can put your financial affairs in order so you can provide your loved ones with financial security on your death There has been...
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