What Could IHT Mean For You?

The COVID19 bill is coming due. One way or another, it will need to be paid. There may be a certain level of scope for the government to make savings. Realistically, however, it seems highly unlikely that there is enough scope for it to avoid raising taxes at all. If it does, or when it […]

Love, Remarriage and Inheritances

inheritance advice blackpool

As the law currently stands, if a person is married or in a civil partnership, their spouse/civil partner has first claim on their estate if they die.  Provision may be made for minor children but not for adult ones (barring special circumstances).  This fact has implications on inheritance for parents even if they’re not thinking […]

Inheritance Tax

As the old joke goes, the only two certainties in life are death and taxes.  Inheritance tax is the tax taken out of a deceased person’s estate before the remainder is passed on to their heirs.  The way IHT currently works is that transfers between spouses/civil partners are excluded from the calculation of the value […]

Death is free but dying can be expensive

These days, funeral music can go way beyond traditional hymns like Abide with Me, but out of all the songs you might want to choose for your funeral, possibly the most appropriate would be the 2015 hit by LunchMoney Lewis – Bills, because, while death may be free, dying can be expensive.  Here are some […]

If you’re a parent you should have a Will

Wills are essentially about stating what you want to happen with your property in the event of your death.  You may never have thought of your children as your property, but you do need to think about what will happen to them in the event of your death.  Here are some points to consider. You […]