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 »

Tag Archives: executor

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 »

Posted in Choosing an Executor, Useful information when writing a will | Tagged , , , , , , , , , | Leave a comment

Shocking Probate News

We were shocked to learn of a recent case where probate took over 19 years to be obtained, and that during this time two of the executors had passed away. The importance of appointing an appropriate firm to deal with … Find out more »

Posted in Probate News | Tagged , , , , , | Leave a comment

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 »

Posted in Choosing an Executor, Probate News, Useful information when writing a will | Tagged , , , , , | Leave a comment