inheritance

Can I claim my late husband’s state pension?

Tuesday, 23 October 2018 | Question and Answer

In most cases your state pension is now based on your own national insurance record and therefore will be paid at your state pension age.

Disinheritance: the dos and don'ts of cutting someone out of your will

Friday, 12 October 2018 | Article

With more and more legal disputes over wills, you need to make sure your instructions are watertight if you would prefer not to leave your kids a windfall

Parents giving away £227 billion to kids to save on inheritance tax

Monday, 08 October 2018 | News

One in five parents has given money to their children in an attempt to reduce the amount of inheritance tax their families will have to pay when they die.

Can I transfer some of my estate to my wife to reduce the inheritance tax our children will pay?

Tuesday, 18 September 2018 | Question and Answer

A certain amount of your estate can be passed on inheritance tax-free; this allowance is called the ‘nil-rate band’ and is currently £325,000.

Retirees are more likely to pass on their wealth than spend it

Monday, 11 June 2018 | News

Retirees do not spend their accumulated wealth and will bequeath most of it, according to a new report from the Institute for Fiscal Studies (IFS).

Why a Lasting Power of Attorney is still the answer

Wednesday, 11 April 2018 | Blog | By Amy Lloyd

Denzil Lush, until recently the most senior judge in the UK Court of Protection, stated that despite there being 2.5 million Lasting Power of Attorney (LPA) agreements in place, in England and Wales, he would never sign one...

Get your will written for free in March

Monday, 19 March 2018 | News

Over 55s can have their will written for free during March as part of the ‘Free Wills Month’ campaign.

Avoid inheritance tax by brushing up on Isa rules

Monday, 05 March 2018 | News

Chancellor Phillip Hammond recently described Britain’s inheritance tax system (IHT) as being "particularly complex".

Will I need to pay inheritance tax on money my friend left me?

Monday, 26 February 2018 | Question and Answer

Everyone has a tax- free inheritance tax (IHT) allowance. This is the amount that they can pass on without tax being due. Also known as the nil-rate band, it is currently £325,000.

Inheritance tax rules baffle older generations into not sharing their wealth

Tuesday, 20 February 2018 | News

The bewildering nature of inheritance tax (IHT) rules leaves wealthier older generations confused and therefore unwilling to risk sharing their wealth with younger generations.