Executor Loans UK: Borrowing against an estate for liquidity
Executor Loans exist to help executors cover urgent estate costs when they don’t have the cash available to do so.
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Will Andy Burnham scrap Inheritance Tax in favour of a lifetime wealth tax? And what does that mean for advisers?
Inheritance Tax has been in the news a lot more than usual recently, and that’s mostly down to our newest Prime Minister Andy Burnham.
Being a beneficiary of a will: What you’re entitled to
Beneficiaries are entitled to receive the inheritance left to them once the estate’s debts, taxes and expenses have been paid.
How is probate in Scotland different to England?
The process of going through probate is called Confirmation in Scotland, but both administer a person's estate after they die.
What happens to Premium Bonds after death?
After death, Premium Bonds pass to the estate. NS&I, the bank that holds them, stops new bond purchases and freezes the account.
What happens if a beneficiary dies during the probate process?
If a beneficiary dies during the probate process, what happens next is affected by timing and what is written in the will.
The importance of liquidity in estate planning
Liquidity in estate planning is important as it means the estate will have accessible cash to cover urgent bills such as Inheritance Tax.
How many executors can a will have?
A will can name up to four executors to be named on the Grant of Probate at the same time. Most people appoint one or two executors.
How to identify clients who could benefit from an estate or inheritance advance – part 5 of 5
Part 5: Looking beyond inheritance tax
How to identify clients who could benefit from an estate or inheritance advance – part 4 of 5
Part 4: Setting realistic expectations about probate
