by Richard Mawer | Jan 12, 2023 | Estate Planning Insights
Let’s talk Wills 2022 has undoubtedly been a year of significant changes, whether that’s the ongoing effects of Covid, the cost-of-living issues, or the war in Ukraine. One or all of these events will no doubt have impacted people’s finances, relationships, or...
by Richard Mawer | Oct 30, 2021 | Wills
A common client question: How do Inheritance Tax rules apply for those that own buy-to-let properties? Typically, inheritance tax is payable on buy-to-let properties as they will form part of an estate when a person dies. Inheritance tax is charged by HMRC at a rate...
by Richard Mawer | Jul 13, 2021 | Wills
When someone sets up a trust, they need to appoint people as trustees to manage the trust and its assets. The trust deed will usually include specific instructions about how to do this but there are some general legal duties that apply to the role as well. A trustee...
by Richard Mawer | May 27, 2021 | Wills
It is anticipated that over the next decade more than £300bn could be passed from wealthy babyboomers to less financially secure millennials. With an ageing population and rising levels of wealth, the UK is set to see substantial growth in the number of inheritance...
by Richard Mawer | Feb 14, 2019 | Wills
The Non-Contentious Probate Fees order 2018 was approved on 7th Feb 2019 by a House of Commons delegated Legislation Committee. The narrow vote was in favour of progressing by 9 votes to 8. Thus means that fees for probate will change from a fixed fee to a sliding...