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Inheritance Tax Jargon explained

Inheritance tax is ensnaring more people than ever due to ever increasing house prices. The tax man has revealed record IHT takings in the year...

Gifts Gone Wrong Raise Millions For Tax Man

You would think giving stuff away is easy - but if you want to gift your home to loved ones, the tax man will...

Do Foreign Spouses Inherit Expat Pensions?

A question expats married to a foreign spouses often ask is if their partners will inherit their UK pensions should they die before them. Expats...

Cost Of Dying Set To Soar For Wealthy Families

A new stealth tax on families passing wealth across the generations will start to bite from April 2019. That’s the date when the cost of...

Taxman To Tackle Wealthy Families With Trusts

Wealthy taxpayers who rely on trusts to avoid paying tax on their fortunes could come under attack from HM Revenue & Customs. The tax authority...

The Silly Mistakes That Invalidate A Will

A slip of the pen can lead to little mistakes in a will that make the terms invalid. Making sure you have a valid an...

Experts Want To Know What Families Think About Paying IHT

Experts charged with overhauling the rules over how inheritance tax is charged have issued a plea for help. They want families and professionals who have...

Only A Third Of Over 55s Planning For IHT

Only one in three over 55s approaching retirement who take advice from an IFA have considered inheritance planning, according to research. The findings suggest not...

Chancellor Orders Tax Experts To Check Out IHT

British Chancellor of the Exchequer Phillip Hammond has ordered tax experts to carry out a review of how inheritance tax rules are working. In a...

Complex IHT Rules Spark Advice Boom For IFAs

Inheritance advice is one of the hot financial topics for IFAs and their clients but few advisers want to offer a service without the...

Dubai Launches New Wills For Expat Property Owners

Expats owning homes, land or commercial buildings in Dubai can now safeguard their investments with an official online property will. The new will allows an...

Shaky Relationships Stop Parents Gifting Cash To Children

The high number of relationships ending in divorce or separation are putting off families giving money or other financial gifts to their children. A third...

Death Tax Plan Shelved As Parliament Runs Out Of Time

Unpopular plans to increase the cost of probate on a dead person’s estate have been shelved by the government. Justice Secretary Liz Truss pulled the...

Estate Planning For Expats

If you are an expat and what to do some serious tax planning, you need to know the difference between tax residence and domicile. Both...

What Would You Do With A £119,000 Cash Windfall?

The average inheritance is a cool £119,000 – so what would you do with a windfall like this? Surprisingly, few would spend the cash –...

Financial Tug Of Love Becomes A Midlife Crisis For Families

If you are middle-aged, expect a tug of love over your finances between your children and your parents. As people start to live longer thanks...

Why Doesn’t HMRC Give Anything Back Without A Fight?

It can’t be right that HM Revenue and Customs (HMRC) knowingly takes more tax from hard working people and families simply by not explaining...

Plea To Give IHT Cash Back To 28,000 Families In Tax...

Tax campaigners want compensation for 28,000 families who have paid inheritance tax under rules that will be scrapped next year because the government has...

Playing The Generation Game With A Pension

Family Fortunes and The Generation Game are not just light-hearted TV game shows but a necessary part of estate planning with changes to inheritance...

Prince Heads List Of Stars Dying Without A Will

Pop star Prince is the latest in a line of millionaire celebrities to die suddenly without a will. Prince amassed hundreds of millions of dollars...