New research suggests that many Britons are failing to regularly update their Wills – meaning that missing details and mistakes are increasingly going unnoticed until it is too late.
Value of inheritances to ‘more than double’ over next 20 years
The Resolution Foundation has estimated that so-called ‘millennials’ will benefit from an “inheritance boom” over the coming years, as the average value of estates passed on by parents and grandparents continues to rise.
Over-55s are confused about LPAs, study suggests
A new study has revealed that a large number of over-55s are confused about Lasting Powers of Attorney (LPAs).
Gifting money to relatives at Christmas time
Britons thinking of gifting money to their relatives at Christmas time are being urged to consider the implications of Inheritance Tax (IHT).
Efforts to raise awareness of the benefits of legacy giving
In recent days, MPs and charity bodies have been trying to raise awareness of the benefits of individuals leaving behind charitable legacies in their Wills.