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Inheritance Tax Projections Increase

The news that HMRC is projected to receive more inheritance tax (IHT) than initially forecast over the next five years should ring alarm bells for people with estates that are likely to be valued over the IHT threshold. IHT planning should now be a fundamental part of estate planning for everyone in this situation. 

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The Impact of Technology on Will Making

The Law Commission for England and Wales recently conducted a public consultation exercise over reforms to the laws governing will writing in England and Wales.

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Over-50s Prioritise Leaving an Inheritance over Personal Spending

New research has revealed that the over-50s are choosing to cut back on personal spending so they can build an inheritance pot for their loved ones. However, their children don’t share this view and would rather their parents spent their money on themselves during retirement instead of leaving it behind.

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The Importance of Updating Your Will

Charity will campaign Will Aid has highlighted the importance of keeping your will up-to-date to reflect any changes in personal circumstances.

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Milestone Moments Prompt Will Writing

Only around half of UK adults have made a will, according to will writing campaign group Will Aid.

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