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Posts on Inheritance Tax Law

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More than half of British adults have not made a Will. Of those who have, many have not updated their wills for some time, which is reflected in the soaring number of inheritance disputes heard in the High Court. 
This month, the government is proposing to change the current probate fee structure from a flat rate fee, to one based on the value of the estate.
For many people, particularly the elderly, it makes sense to consider what may happen to a beloved pet in the event of their death, however, it is still estimated that thousands of pet owners in the UK die each year without making arrangements for their pets in their Wills.
Making a Will is often something that gets forgotten about but everyone should have one. It is even more important if you have children, you own property or have savings, investments, insurance policies or you own a business.