Many homeowners purchase property with their partners – but who pays inheritance tax on jointly owned property? Here’s what you need to know.
Who pays inheritance tax on jointly owned property?
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Inheritance Tax
Do you have to pay inheritance tax before probate?
Inheritance tax and probate are intertwined. But do you have to pay inheritance tax before probate is granted? Learn more here.
Making a Difference: 5 Welsh Charities That Deserve Your Support
Wales is home to many charities that are making a difference in the lives of people across the country. Here are 5 Welsh charities that are doing exceptional work.
Why You Need an Inheritance Tax Expert
Seeking the guidance of an inheritance tax expert is essential to ensure that you navigate this intricate landscape with confidence.
Unsure about when is inheritance tax due?
“When is inheritance tax due?” is a common question which we answer for our clients.
Inheritance tax planning for unmarried couples
Cohabiting partners don’t enjoy the same tax breaks as married couples. Here’s what you need to know about inheritance tax planning for unmarried couples.
What are the duties of a will executor?
The duties of an executor of a will range from registering the death, arranging the funeral to dealing with assets and applying for probate.
Deed Of Variation
This is a useful method for allowing beneficiaries of a Will to rearrange the distribution of the deceased`s estate.
Leaving a Legacy to a Charity
We have all heard recently heard how Charities have been struggling financially during this current pandemic. Which is why it is important now more than ever to consider perhaps leaving them a legacy in your Will.
Inheritance tax – Husband and Wife (or Civil Partners)
No inheritance tax is payable on gifts between spouses or civil partners as long as both parties are domiciled in the UK. This is often used as a basic method of IHT avoidance.
Does giving your assets away save Inheritance Tax?
As Inheritance Tax (IHT) is calculated on the value of the estate at death (the assets that you leave when you die), reducing the value of the estate through gifts is the most basic form of IHT planning.
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