Useful Information
How much can I borrow from my future inheritance?
If you’re going to receive an inheritance, you can usually borrow up to 50%…
Can I take out an inheritance loan if the other beneficiaries don’t want one?
Yes, you can. An inheritance loan is based on your share of the estate….
How much of an estate do you get tax-free?
In the UK, you can pass on up to £325,000 of your estate tax-free,…
When is your Inheritance Tax due?
In the UK, Inheritance Tax is due within 6 months of the person’s death….
How much do Britons pay in Inheritance Tax each year?
During the 2024–25 tax year, Britons paid a record £8.2 billion in Inheritance Tax,…
When do you not have to pay any Inheritance Tax in the UK?
You do not have to pay Inheritance Tax in the UK if the value…
What are Estate Advances and Inheritance Advance loans used for?
An Estate Advance is used specifically for the estate. an Inheritance Advance loan can…
Is it possible to release cash during probate?
Yes, it is possible to release cash during probate, using an Inheritance Advance or…
Can I sell a property before probate is granted?
No, you cannot legally sell a property in the UK before probate has been…
Who inherits my estate if I die without a will?
If you die without a will in the UK, your estate is distributed to…
How often should I update my will?
You should review and update your will every few years or whenever a significant…
Do you need a solicitor to write a will?
No, you do not legally need a solicitor to write a will in the…
