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According to figures from Macmillan Cancer Support, one million people in Britain have been involved in a family feud caused by a relative dying without having written a will, and 200,000 of those claimed that their family had been broken up as a result. Grieving for a loved one is a horrible enough process without […]
Despite the promises made by David Cameron to raise the inheritance tax threshold to £1mn, it remains stuck at £325,000. The value of any estate over and above that is taxed heavily at 40%, although changes in the 2015 budget will be start to be implemented next year with a ‘family home allowance’ element, enabling […]
It is safe to say that Hugh Richard Louis Grosvenor, the 7th Duke of Westminster, won’t have much to worry about financially for the rest of his days, having recently inherited an estimated £9bn from his father, who died last month. Even better news for the new 25 year old duke – he won’t have […]
Estate planning scares the life out of some people – understandably so – and maybe that’s why so many people avoid the task altogether. However, burying your head in the sand and failing to tackle the subject can lead to disastrous consequences. The fact is that you should make no assumptions when it comes to […]
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