A new study suggests that UK cohabiting couples are misunderstanding the law and overlooking the importance of drawing up Wills.
Millions due partial registration fee refunds under new LPA refund scheme
It is estimated that approximately 1.8 million Britons who have previously applied for a Lasting Power of Attorney (LPA) are now due a partial refund under a new scheme unveiled by the Office of the Public Guardian (OPG) in recent days.
Inheritance Tax needs to be ‘simplified’, says Chancellor
In recent days, the Chancellor, Philip Hammond, has penned a letter to the Office of Tax Simplification (OTS) calling for changes to the UK’s “particularly complex” Inheritance Tax (IHT) regime.
Majority of Britons unaware of important Inheritance Tax changes, study finds
Almost three quarters (70 per cent) of Britons are unaware of important changes to Inheritance Tax (IHT) which could save them a lot of money if they intend to pass residential property to direct lineal descendants in their Wills.
Specialist legal advice crucial in relation to care home fees, trusts and IHT
An increasing number of British families are falling victim to ‘risky’ unregulated advice in relation to care home fees and Inheritance Tax (IHT) matters, a report in The Telegraph suggests.