Insights

IHT, Wills, Trusts

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November 6, 2023

An uncertain future for the Triple Lock


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State pension increases could be outpacing inflation next April, and there’s no guarantee of the Triple Lock surviving the next election.

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October 9, 2023

Deferring your state pension


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Most people draw their state pension as soon as it becomes available, but If you do not make that claim your state pension is automatically deferred until you choose to claim it.

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September 4, 2023

Intestacy entitlement increased


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If an English or Welsh domiciled person dies without leaving a will, the amount that a spouse/civil partner can inherit has increased.

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July 3, 2023

More estates paying IHT


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The average IHT bill is now nearly £62,000, with much larger amounts payable if an estate includes a property in London or the South East.

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Inheritance tax receipts
October 5, 2022

Inheritance tax receipts double in a decade


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New data from HMRC show the Treasury’s inheritance tax (IHT) receipts have doubled since 2012/13. Source: HMRC. Of all the various taxes levied in the UK, IHT is one of

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April 12, 2022

IMPORTANT CHANGES TO TRUST LEGISLATION


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You may not be aware of some new legislation which has been announced that forces nearly all trusts to register with HMRC before 1 September 2022, whether or not they

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March 31, 2022

Protecting the normal minimum pension age


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The normal minimum pension age (NMPA) will increase from 55 to 57 on 6 April 2028, although a protected pension age regime will be introduced. This will allow those who

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May 14, 2012

Intestacy is not a dirty word… but should be avoided


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Drawing up your will features high on the list of things you might wish to postpone to a later date along with going to the dentist.  However, it is usually

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September 10, 2009

Trust issues…


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For married couples, the nil-rate band for inheritance tax was effectively doubled last year, meaning that IHT is only an issue when your combined assets are worth more than £650,000. But it’s

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August 18, 2009

The Wife Gets Everything…


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A lot of people assume that if they die, their spouse will get everything. That isn’t how it works at all. If you’re a married man with a wife and

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July 2, 2009

Gone With the Wind?


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Scarlett O’Hara famously declared: “Death, taxes and childbirth! There’s never any convenient time for any of them.” How right she was – and when it comes to IHT, death and

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