Guides for Beneficiaries and Executors
What does a probate lawyer do and do you need one?
A probate lawyer, or probate solicitor, manages the legal and financial administration of a…
Can an executor take out a loan on behalf of the estate?
Yes, an executor can take out a loan on behalf of the estate, but…
When executors should consider estate advances
Executors should consider an Estate Advance when they need to cover estate costs like…
Can you pay your Inheritance Tax partially?
You can pay your Inheritance Tax (IHT) bill partially or in instalments depending on…
What documents do I need to start a probate application?
To start a probate application in the UK, you need the death certificate, will,…
Can a beneficiary get an advance on an inheritance?
A beneficiary can get an advance on an inheritance by taking out an Inheritance…
How long does it take to receive an Inheritance Advance?
You can receive an Inheritance Advance within days, sometimes within 48 hours of approval,…
What type of business doesn’t qualify for BPR?
Businesses don’t qualify for BPR if they are mainly investment based, not actively trading…
What happens when a business is inherited by multiple children?
When a business is inherited by multiple children, they will have to decide whether…
When does Business Property Relief not apply?
Business Property Relief doesn’t apply to liquidating or investment companies, assets under two years,…
How Inheritance Tax is handled for family businesses
Family businesses must pay Inheritance Tax when assets are passed down through the estate….
What happens if an estate can’t pay Inheritance Tax on business assets?
If an estate can’t afford to pay Inheritance Tax (IHT) on business assets, probate…
Disclaimer: Guides are for informational purposes and are not to be used for financial advice.
