Tag: estate planning
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A gift does not become safe from scrutiny simply because seven years have passed. In England, there is no seven-year rule for care-fee assessments. A…
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Putting a house into a trust can have inheritance tax, capital gains tax and income tax consequences, and it doesn’t automatically reduce inheritance…
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Living together does not give an unmarried partner automatic inheritance rights in England and Wales. Without a valid will, an estate generally…
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The inheritance tax nil-rate band has remained at £325,000 since tax year 2009 to 2010. This guide explains the inheritance tax nil-rate band in…
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A joint account usually passes to the surviving holder without a grant, even when there’s no will. If you’re asking what happens to a joint bank…
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The key difference in an online LPA services comparison UK readers make is not simply whether they complete the form on screen or on paper. A lasting…
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A jointly held home or bank account may pass to the surviving owner rather than under intestacy rules. For other assets in England, the consequences…
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Inheritance tax planning for business owners begins with checking whether the business or shares qualify for Business Property Relief. According to…
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Living together does not give an unmarried partner an automatic right to inherit. The rules of intestacy for an unmarried partner mean that, in…
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The certificate is more than a witness’s signature. A lasting power of attorney certificate provider must consider whether the donor understands the…