Back in March 2021, the Chancellor confirmed that the inheritance tax thresholds are to remain frozen at their 2021/22 levels "up to and including 2025/26". This will net the Treasury an extra £985m in total. At the heart of this [...]
There are many ways to reduce or eliminate the inheritance tax payable on your estate. For many, the control that trusts give over who benefits from your wealth, and how, is vital for estate planning. Our update this month looks [...]
If you have more time on your hands during the lockdown, planning your estate may be a wise way to spend it. Many people with an estate that exceeds the £325,000 threshold end up with no inheritance tax liability. Some [...]
From April 2019, some estates in England and Wales could be required to pay almost £6,000 for a service that currently costs less than 4% of that amount. This is because of a proposed change to the fees families must [...]
A study from YouGov found that 62% of the UK's adult population did not possess a will in 2017. However, writing a legally valid will is an essential part of planning for the future to ensure your property, money and [...]
