Parents who gift money to their children or grandchildren in a bid to help them get on the property ladder are being reminded to consider the complex Inheritance Tax (IHT) rules affecting gifts.
UK families urged to ‘Remember A Charity’ in their Wills
A prominent charity group is calling on UK families to include charitable legacies in their Wills.
Families failing to take advantage of the RNRB
A Freedom of Information (FoI) Act request has revealed that many UK families are not taking advantage of a recently-introduced Inheritance Tax (IHT) break which could otherwise save them thousands of pounds.
Death of music legend Aretha Franklin highlights importance of having a Will
Last week, legendary singer-songwriter Aretha Franklin passed away at the age of 76, leaving behind no Will documenting what should happen to her estate.
What are the top mistakes people make in their Wills?
Having a legally-recognised Will in place is vital to ensuring that your estate is passed on in line with your wishes and expectations when you die.