Inheritance tax (IHT) reforms that would have simplified probate for millions of bereaved families have been ruled out by the Treasury.
Inheritance tax reforms ruled out by Treasury
One in five adults have “no intention” to share wealth equally among children
Almost one in five adults have no plans to share their wealth equally among children, a major study has revealed.
Young adults “more likely” to write a Will in wake of coronavirus pandemic, but action remains low
The nation’s attitude to estate planning has significantly changed since the start of the coronavirus pandemic, a major study has revealed.
New rules to simplify access to Child Trust Fund accounts of loved ones who lack mental capacity “without need to go to court”
New rules will make it possible for families to access the Child Trust Fund (CTF) accounts of loved ones who lack mental capacity without the need to go to court, it has been announced.
Inheritance tax receipts rise as deaths and enforcement activity increase
Inheritance tax receipts increased by more than £700 million in the last six months compared to the same period last year, the latest figures have revealed.