News that the Treasury’s Inheritance Tax (IHT) take has hit a record high in the past year has sparked concerns that IHT is not keeping up with the pace of UK house price growth.
Could your family benefit from a deed of variation?
UK families are being urged to consider the benefits of setting up a deed of variation (DOV), which may be able to help families to resolve difficult Inheritance Tax (IHT) issues after the death of a loved one.
Specialist legal advice crucial when drafting a Will
Families are being reminded to always seek specialist legal advice when setting up a Will, in order to avoid unforeseen fees or complications later down the line.
Vast majority of Britons leave important health and welfare decisions ‘to chance’, SFE study finds
Data published by Solicitors For The Elderly (SFE) earlier this week has revealed that the vast majority of Britons are leaving important health and welfare decisions ‘entirely to chance’ by failing to seek specialist legal advice.
Britons urged to take care when registering LPAs
People who are thinking of setting up a Lasting Power of Attorney (LPA) are being urged to tread carefully, after a Freedom of Information request revealed that an increasing number of Britons are appointing attorneys who are inexperienced or ill-equipped for the job.