Useful Information

HMRC will start charging interest on the outstanding amount from the due date. This is usually six months after the person’s death.

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.

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).

Writing a will is an essential part of estate planning, ensuring that your assets are distributed according to your wishes.

When planning your estate, your beneficiaries are usually your immediate family, with your spouse automatically inheriting assets in most cases, followed by your children.

Probate typically takes between 9 and 12 months to complete, though complex cases can take longer.

Yes, giving money to charity can reduce your inheritance tax (IHT) bill. In the UK, charitable donations are exempt from inheritance tax,

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.

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.

The “7-year rule” for inheritance refers to a tax rule in the UK that affects inheritance tax (IHT) liability on gifts made by individuals within seven years of their death.