Vulnerable Beneficiary Trusts – What You Need to Know

Vulnerable Beneficiary Trusts – What You Need to Know

From: The Will Company Trusts for Vulnerable People Some Trusts for disabled people or children get special tax treatment. These are called ‘Trusts for vulnerable beneficiaries’. Who Qualifies as a Vulnerable Beneficiary A vulnerable beneficiary is either...
What Happens if a Will Is Lost?

What Happens if a Will Is Lost?

From: The Society of Will Writers As we know, a Will takes effect on death, so it’s important to keep it safe for when it’s needed. Some may choose to store their Will with their will writer, a solicitor, at their bank or with a professional storage company such as...
What is a Deed of Appointment in probate?

What is a Deed of Appointment in probate?

From: Kings Court Trust  What is probate?Probate refers to the process of obtaining a Grant of Probate, which is a legal document that provides the Executor of an estate with the legal right to proceed with estate administration. Estate administration refers to...
Record Inheritance Tax Receipts

Record Inheritance Tax Receipts

From: The Will Company ​Inheritance Tax (IHT) receipts continued their record-breaking upwards trend into the new financial year, data released this week by HM Revenue & Customs (HMRC) has confirmed. According to figures for April 2023, receipts during the month...