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Back to Basics – Health and Welfare LPA

Back to Basics – Health and Welfare LPA

From: The Society of Will Writers We’ve previously looked at the consequences of not having a Property and Financial Affairs Lasting Power of Attorney (LPA) in place, however that’s only one of the two types of LPA available. In this article, we’ll take a look at the...
Understanding Inheritance Tax in the UK: Key Considerations

Understanding Inheritance Tax in the UK: Key Considerations

From: Kings Court Trust  Inheritance Tax (IHT) is a significant concern for many families in the UK. With frozen thresholds and increasing property values, more estates are subject to this tax. This blog explores the essentials of IHT and offers insights into...
Back to Basics – Property and Financial Affairs LPA

Back to Basics – Property and Financial Affairs LPA

From: Society of Will Writers We’ve previously looked at the consequences of not having a Health and Welfare Lasting Power of Attorney (LPA) in place, however that’s only one of the two types of LPA available. In this article, we’ll take a look at the Property and...
Bereaved Minor’s Trusts

Bereaved Minor’s Trusts

From: The Will Company  What are Bereaved Minor’s Trusts? A Bereaved Minor’s Trust is one of the most common trusts that will arise from a will. It is a trust that will arise if a gift is made to the testator’s own children with an age condition of eighteen. It will...
Grant on credit for Estate Administration

Grant on credit for Estate Administration

From: Kings Court Trust  In certain circumstances, HMRC will allow a Personal Representative to postpone payment of all or part of the tax and interest due on delivery of an account. This is referred to as a Grant on credit. This year’s Spring Budget (6th March...