Inheritance tax is payable when a person’s estate (their property and possessions) is worth more than £325,000 when they die. Inheritance Tax of 40% is payable on anything over this amount. The rate may be reduced to 36% if more than 10% of the estate is left to...
Parents with young children should always consider who will look after their children if they are unable to do so themselves and appoint a Guardian for their children to ensure that they are looked after by a suitable person in the event of their death or serious...
What happens with money or property which has been inherited by one of the parties when they divorce can give rise to uncertainty and very often bad feeling. Will it be matrimonial property falling into the part for division? The answer is that there are no clearly...
