Estate planning

Inheritance tax payments surge on eve of Budget

The latest receipts from HMRC published on the eve of the Budget show the taxman is on course to take a record £5.5 billion from people’s estates this tax year, according to NFU Mutual.

Read more

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.

Read more

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.

Read more

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.

Read more

How cohabiting can damage your wealth

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

Read more

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.

Read more

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. 

Read more

All you need to know about estate planning

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

Read more

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.

Read more