Brexit And EU Expats With A UK Will
Understanding expat tax can be complicated and although residence determines where taxes are paid, the vague definition of domicile comes into play for inheritance tax
Who gets what if a British Expat dies without a Will?
If an expat dies without a will, any estate is split according to the rules of intestacy – which means the person someone wants to
Coronavirus Fears Spark Surge In People Making Wills
Fear as the deadly coronavirus outbreak spreads has prompted a huge surge in the number of expats wanting to make a will. Demand for wills
Emergency Coronavirus Will Signed Through Windows
Lawyers are ready to tackle a rising demand for emergency wills during the coronavirus crisis. Firms across the country report a rising demand from worried
Inheritance Nightmare For A Dream Home
Expats are caught in the web of cross-border tax when they make the choice to live outside the country where they were born. Buying a
UAE Expat Wills Can Be Costly And Confusing
Non-Muslim expats in the United Arab emirates are urged to draft a will to avoid tying up their estates in Sharia law – but the
Huge Rise In Probate Fees Scrapped By Justice Minister
The government has scrapped a controversial move to put up probate fees that would have seen wealthy families paying thousands of pounds to administer a
Tax Man Grabs A Record £5.4 Billion From Families Paying IHT
The number of families paying death duties has reached a new high – although who pays most depends on their postcode, according to official statistics.
Expat Wills
If you are an expat and want to make sure your wealth goes to the people and causes you love and care about, then making
IHT Is Too Complicated, Say Tax Gurus
Tax experts are recommending ministers to take action to simplify inheritance tax rules. The Office of Tax Simplification, an independent government agency looking at how
Grieving Families Pay Record £5.6 Billion Inheritance Tax
Families have paid a record £5.6 billion inheritance tax despite the government increasing tax breaks. In the 2018-19 tax year, the IHT tax take increased
Talking About Your Death Is The Last Taboo
Millions of people who have drafted a will refuse to talk about the details with their loved ones, according to new research. While document is
Writing Your Loved Ones A ‘When I’m Gone’ List
Bereavement is a tough topic for people to discuss with their loved ones – but if your partner who looks after the finances dies, do
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
Tax Year Change Heralds New IHT Wealth Limits For Families
Inheritance tax changes heralded in by the changing tax year mean you can pass on at least an extra £25,000 of your wealth tax-free –
Forgetful Savers Could See Pension Cash Go To Ex-Spouses In Error
Thousands of pension savers risk passing their money to an ex-spouse they hate because they don’t keep up with their financial admin when they stop
ISA Tax Loophole Plugged For Grieving Families
The government is finally closing a costly tax loophole that opens when one of a married couple passes away. Since April 2015, the surviving partner
Tax Mistakes That Can Backfire On Expats
International tax is becoming so complicated expats can easily make expensive mistakes about how to safeguard their wealth. One family recently lost their case before
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 backing
Executors Face Paying Unforeseen Tax Bills
People acting as executors for family or friends face settling inheritance tax bills out of their own money if settling an estate takes more than