How to identify clients who could benefit from an estate or inheritance advance – part 4 of 5
Part 4: Setting realistic expectations about probate
Posts by Steve Gauke
How to identify clients who could benefit from an estate or inheritance advance – part 3 of 5
Part 3: Recognising when timing becomes the issue
How to identify clients who could benefit from an estate or inheritance advance – part 2 of 5
Part 2: Start by understanding your client’s role
How to identify clients who could benefit from an estate or inheritance advance – 5 part series
Advisers rarely miss referral opportunities because they struggle to understand estate or inheritance advances once they’re explained. Awareness is the key to unlocking genuinely improved client outcomes.
What happens if an executor dies or can’t act?
If an executor dies or can’t act, the next steps depend on whether anyone else has been appointed to administer the estate.
Can an executor of a will be a beneficiary too?
Yes, in the UK, an executor of a will can also be a beneficiary. This is common when spouses, civil partners or adult children are involved.
HMRC Inheritance Tax changes 2027: what you need to know
From 6th April 2027, HMRC have announced that unused pension funds will be included in the value of an estate for Inheritance Tax purposes.
Can probate be expedited in urgent cases?
Probate can be expedited in urgent cases, but it’s rare. Common reasons include property sales and Inheritance Tax deadlines.
What happens to ISAs when someone dies?
When someone dies, their ISA becomes a continuing account of a deceased investor, retaining its tax-free status for three years and one day.
Inheritance Tax rules on gifts explained
You can gift money to friends and family during your lifetime free of Inheritance Tax by using your individual allowance and the 7-year rule.
