Posted by Jennifer Wilkinson Apr 20th, 2009, in Wills, Probate and Trusts
The Conservative Party’s plans to raise the Inheritance Tax (IHT) threshold to £1m or £2m for couples are now looking uncertain. A Tory Treasury spokesman admitted the changes were no longer a high priority and could take up to 5 years to implement if the Conservatives came into power.
So what does this mean? (more…)
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Posted by Jennifer Wilkinson Feb 16th, 2009, in Wills, Probate and Trusts
In the current climate, it is not surprising to hear that people are putting making a Will on the back- burner. The Law Society suggests a staggering 65% of over 65’s do not have a Will and only half of 45-64 year olds have a Will.
I believe one of the main reasons for this is the cost. Many clients decide to ‘leave it for now’ or ask if there are any cheaper alternatives. This response is astonishing considering the impact of not having a Will can have on the family. (more…)
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