20.02.18

Research suggests 70% of individuals ‘unaware of inheritance tax nil-rate band’

Research carried out by Canada Life has suggested that a significant amount of individuals ‘do not know the threshold’ for the standard inheritance tax (IHT) nil-rate band. Canada Life found that 70% of those surveyed did not know the standard … Find out more »

15.02.18

Chancellor commissions OTS to review inheritance tax rules

Chancellor Philip Hammond has commissioned the Office of Tax Simplification (OTS) to review the UK’s inheritance tax (IHT) regime, and outline ways in which the tax can be simplified. In a letter to Angela Knight, Chair of the OTS, and … Find out more »

Category Archives: Choosing an Executor

Local Citizens advice offices report increase in queries on intestate wills

The Citizens Advice Bureau have reported that the number of queries on intestate wills – which is the term for those of us who die without making a will – has doubled in number over the last 5 years. The … Find out more »

Posted in Choosing an Executor, Lasting power of attorney, Probate News, The importance of writing a will, Useful information when writing a will, will writing | Leave a comment

Facebook lets users appoint ‘heir’ to manage account when they die

Facebook is rolling out its “Legacy contacts” feature in the UK, allowing users to appoint an “online executor” of their profile to decide what happens to it after  they die. The legacy contact will be able to administer the page … Find out more »

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Duties of an Executor

The duties of an Executor are extensive and it is therefore important to think carefully about who would be best placed to act as an Executor to your Will.  We have put together a simplified list below in order to guide you … Find out more »

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Bank’s Executor Fees

Did you know that you (as a beneficiary) can ask a bank to stand down from acting as Executor to a will if it is felt that the fees are too high? Banks can demand very high fees for executing … Find out more »

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