Estate planning

Government consultation on will-writing as IHT receipts soar

The government has launched a consultation to assess how existing legislation on wills could be updated.

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With a crisis in social care funding looming, here’s how you can plan to pay for yours

The combination of improving longevity and an ageing population means growing numbers will need some form of care in old age.

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Probate: don’t find yourself footing the bill

Becoming the executor of a family member’s estate is laudable – but it could land you with a sizeable inheritance tax bill.

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How cohabiting can damage your wealth

Sam Barrett offers some practical tips on how unmarried couples can protect themselves.

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Inheritance tax payments hit highest ever level: how to reduce your bill

Individuals were hit with a £4.84 billion ‘death tax’ charge in the 2016/17 tax year, the latest official figures from HM Revenue & Customs (HMRC) show.

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New inheritance tax allowance: five things you didn’t know

The residence nil rate band (RNRB), which comes into force over the next three tax years from 6 April, in a nutshell will enable couples with a home to pass on up to £1 million to their direct family free of inheritance tax. 

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All you need to know about estate planning

Families are becoming increasingly complex entities, often shaped by divorces, remarriages and children from previous relationships.

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New inheritance tax rules: everything you need to know

Much fanfare has been made of the new inheritance tax (IHT) allowance for main homes, which will reduce IHT liability for many people when it is introduced in April.

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15 per cent increase in families hit by IHT in one year

The number of UK estates liable for inheritance tax (IHT) is forecast to rise by 15 per cent to around 30,000 this year, according to HMRC tax data.

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