Did you know a philanthropic act can actually save you money? Clare Gorman explains how gifts to charity can reduce your inheritance tax bill… What is the current rate of inheritance tax? Inheritance tax is usually charged on someone’s estate when they pass away, but it can also be applicable Read more…
Parliament has proposed some positive changes to inheritance tax. This month, Ben Brown looks at how they could benefit you, if they are implemented… An All-Party Parliamentary Group (APPG) on inheritance and intergenerational fairness recently recommended simplifying the inheritance tax rules. The government didn’t announce any changes at the recent Read more…
WILLPOWER: Our wills and probate experts answer your questions about making or reviewing a will. If you have a query you would like them to address, email marketing@tayloremmet.co.uk Christmas is a time of giving. If you’re planning a big gesture this festive season, you might want to take a look Read more…
Taking about death might not be easy, but it is hugely important. This month, Hannah Montague highlights the need to address this last taboo with friends and family… Each year, thousands of pounds from deceased estates goes unclaimed, simply because family members never spoke about the assets they had accrued Read more…
Dealing with government organisations after a loved one dies can be a challenge, even for the experts. Richard Barlow explains why accurate financial records are so vital… When we are instructed to handle a deceased estate, we are often asked to supply historical information to public bodies about the person’s Read more…
Is it fair to limit inheritance tax exemptions to spouses only or should other family members be included? This month, Ben Brown discusses how an unexpected bill can have catastrophic consequences for those you leave behind… I came across a very sad case in the Sunday Times recently concerning two Read more…
WILLPOWER: Our wills and probate experts answer your questions about making or reviewing a will. If you have a query you would like them to address, email marketing@tayloremmet.co.uk Everyone’s heard of inheritance tax, but how does it affect you? This month, Richard Barlow covers the basics… I have assets worth Read more…
Get ready for new residence nil rate band Last year, the government announced an additional inheritance tax break for couples who own property that was once their main residence, even if they no longer live there. This new legislation comes into effect on April 6 2017 and if you have Read more…