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 »

Tag Archives: probate

Lasting Power of Attorney

A Lasting Power of Attorney (LPA) is a legal document that allows you (the Donor) to nominate a person you trust (the Attorney) to handle all your affairs in the event that you are unable to due to mental incapacity. … Find out more »

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The importance of reviewing your will

Once you have written your will it should be reviewed in the following circumstances: – if you receive a large sum of cash – if a close family member dies – upon marriage – upon retirement – the birth of … Find out more »

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September press

Please click on the links below to read the latest press pieces for The Probate Practice. The Probate Practice press piece Ham & High Sept Jewish Chronicle Probate Practice Press Piece

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The importance of considering your business in your will

If you own a business, careful consideration should be taken to ensure that your business is adequately provided for should you become seriously ill or die. It is important to draw up a Lasting Power of Attorney whereby you appoint … Find out more »

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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 »

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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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Welcome to The Probate Practice blog

Welcome to The Probate Practice’s blog – a place where we will keep you up to date with Probate news, links to helpful sites when dealing with a bereavement and the latest press articles relating to Probate. Please feel free … Find out more »

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