This guide is an overview of the process of administering an estate. Although every person is unique and every estate is different, this factsheet sets out some of the common milestones in the process and

The most anxiously anticipated budget in some years. Here is our summary of the main points from the autumn budget for our clients and considerations for next steps. The Capital Gain Tax news we have

With elevated public debt and struggling public services, it seems clear that the changes will focus on laying the groundwork for tax increases and spending cuts in order to try and address that £22bn black

Ostentatious wealth is no longer appealing in times of pandemic and many people are looking into their families’ tax arrangements and how to pass on their assets within the family. The easiest way to help

When a person dies without a Will, the law states who will inherit. This law is known as the rules of intestacy. The law is the same for everyone, and there is a strict order

It is common knowledge that there is a potential inheritance tax liability for gifts you have made in the last 7 years before your death. Gifts include cash, property, shares, vehicles, household and personal belongings.

In the majority of cases where someone has died and the assets in their estate exceed the allowance for their circumstances, then the estate will pay the inheritance tax. This means that the Executors (if

The administration period is the time from the date of death to the date that everything has been paid out or distributed in an estate. From 5 April 2024 estates with all types of income

We often note that this is the only extent to which their loved ones were aware of what their funeral wishes are. However, if you have ever had to plan the funeral, you will be

You may also wish to put in place a Business Lasting Power of Attorney to enable a trusted individual to act on your behalf should you become unable to do so by way of mental