When someone passes away, their assets and property need to be distributed according to their wishes. This process is known as probate.
What to consider when writing or updating your Will
Writing a Will is an important step in planning for your future and ensuring that your assets are distributed according to your wishes after your death.
HMRC gains £700 million back in Inheritance Tax due to complex rules
In the last five years, HM Revenue & Customs (HMRC) has retrieved more than £700 million in Inheritance Tax (IHT) from 2,100 families who took steps to attempt to minimise significant tax charges.
Inheritance Tax planning – What should you consider?
Inheritance tax (IHT) is a tax that is levied on the transfer of assets after someone dies.
The importance of estate planning – What should you consider?
Estate planning is an essential part of financial management that enables individuals to protect and distribute their assets in a way that meets their wishes and minimises the tax implications for their beneficiaries.