Renting a commercial property: tenant responsibilities
Renting a commercial property? Legal advice is crucial for all tenants looking to navigate complex commercial leasing terms. Read more.
Inheritance Tax: Strategies to Secure Your Family’s Financial Future
There has been speculation in the media for the past few years about Inheritance tax (IHT) as a potential target for tax reform, but so far this has not come to fruition. People are fearful of the bills they will leave for their families, but the reality is that many who worry fall well below the threshold at which IHT is payable. But with IHT charged at 40 per cent it’s certainly worth doing a regular check on where you stand, as those who could be liable can minimise their liability by taking advice and planning ahead.
Statutory Legacy Sum increases
The Statutory Legacy Sum increased on July 26. It will ensure a fairer inheritance for our loved ones, and more financial support for surviving spouses during difficult times.
Widow wins Inheritance Act claim: Kaur vs Singh
Widow Mrs Kaur wins an Inheritance Act claim against deceased husband Mr Singh to show a balance between law and personal morals in estate planning.
Divorce and your Will
In a 2021 survey, over two-thirds of happily married couples were uncertain about their estate's fate in a divorce. Additionally, 37% believed their former spouse would lose any claim to their estate post-divorce. Read more.
Estate planning for blended families
Ensure a secure future for all children in blended families with proper estate planning. Protect their inheritance and well-being.
Must I update my Will?
Having an up-to-date Will is the best way to ensure your wishes are carried out when you are no longer here. It also takes the stress away from your loved ones at an already challenging time. In this article, we look at five ways having a Will helps your loved ones after you pass.
Grants on Credit – when you cannot pay inheritance tax
Grants on credit could be the key to breaking the deadlock if you have inherited an estate, but cannot pay the inheritance tax.
HMRC IHT100 clearance process
HMRC IHT100 clearance process changes will affect how to inform them about chargeable events when Inheritance Tax is payable on a trust or gift. Read to find out more.
Digital memories – Protecting and passing them on to your loved ones
Do you know how to protect your digital memories? Read our blog to learn why protecting these is so important and how you can do it easily.