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Lack of Awareness of Cohabiters’ Rights

New research has revealed a lack of awareness amongst cohabiting couples of what their legal rights would be should their partner pass away. 

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Chancellor Requests Inheritance Tax Review

The Chancellor of the Exchequer, Philip Hammond, has apparently written to the Office of Tax Simplification (OTS) to request that it carry out a review of Inheritance Tax (IHT) in the UK. 

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Millennials to Receive Inheritance Boom

A new report from the Resolution Foundation has revealed millennials are in line to receive the largest and most wide-reaching ‘inheritance boom’ of any post-war generation. However, this won’t come in time to solve their home ownership and wealth inequality woes. 

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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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