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: Lasting power of attorney

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

Power of Attorney – Delays in LPA Applications

There are more long delays in processing LPA (Lasting Power of Attorney) applications it has been revealed this week. England’s Office of the Public Guardian is currently taking an average of 14 weeks to process applications to register lasting powers … Find out more »

Posted in Lasting power of attorney, 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