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Tag Archives: inheritance uk

More money than ever to be passed on to the younger generation

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More money than ever to be passed on to the younger generation A recent report has shown that the younger generations will inherit much more money than their parents and grandparents did.  Wealth amongst older generations has grown by 45% in the last decade, resulting in more money being passed...
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Increase in Will disputes attributed to rising property prices

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Increase in Will disputes attributed to rising property prices It has been reported that the increase in the number of children involved in inheritance disputes has been fuelled by rising property prices. As the value of property has soared during the last decade, the estates of ‘ordinary’ families have become...
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Budget 2015: Trusts (Pilot Trusts)

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The government has changed the taxation of trusts which particularly impacts the future use of pilot trusts. Pilot trusts are used for all types of planning and are usually flexible, discretionary trusts that lay dormant until further funds are added. Generally, a settlor establishes a number of pilot trusts and...
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2015 Budget: Unnecessary Assault on Deeds of Variation?

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In the March 2015 Budget address, Chancellor George Osbourne announced there would be a review on the rules of deeds of variation. A report on the findings of the review are to be published this autumn. Deeds of variation must be made within two years of the death of the...
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Wills and Inheritance: Digital Assets in the Digital Era

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Technology has increasingly affected every area of our lives. So itís no surprise that when making a Will or organising an estate, technology has also had an impact. When making a Will itís commonplace for individuals to consider family heirlooms, jewellery or items of sentimental value as possessions they wish...
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