Top 10 considerations when making a Will 1) Who will be your Executors? Executors are the people who will implement the terms of your Will. You can choose family or friends but most people, according to the YouGov Wills and Probate survey 2015, appoint a professional executor. 2) If you...
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Tag Archives: inheritance wills
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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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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Taking The Sting Out Of Inheritance Tax
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As we start the New Year, thereís no better time to be reminded of looking after our prized possessions – our loved ones and our wealth. You can begin by making a will and then ensuring you donít pay any more inheritance tax (IHT) than you have to. IHT is...
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HMRC gained an EXTRA £90m through IHT challenges last year!
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This current age of austerity does not mean the taxman will go easy on you Ö Last year, by challenging the Inheritance Tax valuations on the property of people who had died, Her Majesty’s Revenue & Customs (HMRC) was able to claim back nearly £90m. Yes, thatís ninety million pounds!...
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