Leaving a gift to a charity in your Will can make a huge difference to the causes that you care about. Better still, valuable inheritance tax reliefs apply to gifts left to charity, as the amount left to the charity is exempt for inheritance tax purposes.
From 6 April 2017, a new residence nil rate band ('RNRB') has been introduced allowing individuals, in certain circumstances, to apply an additional nil rate band...
Inheritance tax (IHT) is an extremely unpopular tax which no longer only affects the very wealthy. The rise in value of property makes anyone who owns a home a prime target for the taxman on death.
You can transfer the title to your house into your child's name while continuing to live there, but this does not necessarily achieve anything. It is a popular misconception that such action...
It is always best to have a Will to avoid any uncertainty after you have died. There are various steps to take to reduce the risk of your Will being disputed.