24.07.19

Inheritance Tax is too complicated. It needs to be simplified

Inheritance Tax (IHT) has been described as ‘fiendishly complex’. A new report by the Office of Tax Simplification (OTS) offers 11 recommendations for simplifying it. When even the chancellor describes a tax as “particularly complex”, it’s a sure sign it … Find out more »

09.07.19

Step-sisters’ inheritance hangs on whose parent died first

Which of two step-sisters receives a £300,000 inheritance rests on a judge’s opinion of whose parent died first, in a cautionary tale for parents yet to draft a Will. In October 2016, John Scarle, 79, and Ann Scarle, 69, both … Find out more »

Category Archives: Help with bereavement

Banks to raise limits on how much cash can be released without probate

Britain’s biggest banks are increasing the amount of money they will release from customers’ accounts to bereaved relatives without them first having to apply for probate. When someone dies, banks and building societies will typically freeze their accounts until the … Find out more »

Posted in Help with bereavement, Probate News, Recent Press | Leave a comment

News from The Probate Practice Survey

Probate is something people have to deal with at a difficult time in their lives, having just lost a loved one. But very few people actually have any experience of it. The Probate Practice surveyed 1,000 people online to discover … Find out more »

Posted in Help with bereavement, Lasting power of attorney, Recent Press, The importance of writing a will, will writing | Leave a comment