Can Probate be contested?
Yes, probate can be contested if you believe there is something not legal or ethical in the will, but this can delay probate from being granted even further.
Guides for Beneficiaries and Executors
What happens if you can’t pay your inheritance tax bill?
HMRC will start charging interest on the outstanding amount from the due date. This is usually six months after the person’s death.
How long does it take to write a will?
Writing a will can take as little as 15 minutes or as long as several weeks, depending on the complexity of your estate and how you choose to go about it.
How Do Wedding Gifts Work When It Comes To Paying Inheritance Tax?
Wedding gifts are a generous way to support newlyweds as they start their life together, and in the UK, certain wedding gifts are exempt from inheritance tax (IHT).
What To Consider When You Are Writing a Will
Writing a will is an essential part of estate planning, ensuring that your assets are distributed according to your wishes.
How Do You Select Your Beneficiaries?
When planning your estate, your beneficiaries are usually your immediate family, with your spouse automatically inheriting assets in most cases, followed by your children.
How Long Does Probate Take?
Probate typically takes between 9 and 12 months to complete, though complex cases can take longer.
Can Giving Money To Charity Reduce My Inheritance Tax Bill?
Yes, giving money to charity can reduce your inheritance tax (IHT) bill. In the UK, charitable donations are exempt from inheritance tax,
Can I Gift Money To My Children To Avoid Inheritance?
Yes, you can gift money to your children as a way to reduce inheritance tax (IHT), but there are important rules and thresholds to consider.
How Do You Manage Disputes Over Inheritance?
Inheritance disputes often arise when there is ambiguity in a will, a lack of understanding between family members, or a feeling of unfairness about how an estate is divided.
