Inheritance & Trusts...
Below are our articles on the subject of Inheritance & Trusts. If you can't see what you are looking for our other categories are displayed on the left under 'Our Quick Links'...
A Checklist for Avoiding Inheritance Tax
Avoiding Inheritance Tax can be a complex task. But there are some simple steps that you can take yourself to make sure you pay as little IHT as possible....
Acting as Personal Representative
The role of the Personal Representative in regard to Inheritance Tax Issues...
Addressing Inheritance Issues Prior to Death of Your Loved One
Article about advising a relative on their will prior to their death....
Are You Eligible for Widowed Parents Allowance?
An article discussing rights to Widowed Parents Allowance and amounts due to the widowed parent....
Arguments In Favour of Inheritance Tax
The benefits of having an Inheritance Tax explained....
Avoiding Inheritance Tax
How to avoid Inheritance Tax...
Bereavement Allowance
An article detailing benefits available to the bereaved...
Changes to the Law 2007
Discussion of changes to Inheritance Tax made i 2007 by the Labour Government...
Common Objections to Inheritance Tax
Objections to Inheritance Tax...
Consulting a Solicitor About Inheritance Issues
Information on Consulting a Solicitor with regard to Inheritance Tax and Wills...
Contestation of a Will
An article on contesting a deceased persons Will....
Dealing with Property Rentals
An article detailing the law regarding inheritance and rented property....
Dealing with Tax Payments
A guide to the practicalities of paying Inheritance Tax...
Deferring Tax Payments
Deferring Inheritance Tax payments can make it significantly easier to deal with an IHT bill. But remember that interest will accrue on the balance....
Do Estate Beneficiaries Have Jurisdiction Over Copyrights?
Copyright can be inherited just like any other form of property. But copyright disputes can be complex if the original owner has already sold the ownership....
Donating to Charity
On giving money to charity to gain Inheritance Tax relief...
Ensuring Your Inheritance Paperwork is in Order
An article detailing the necessity of keeping paperwork in order prior to passing away, if you wish your benefactors to be able to cope easily with the instructions in your Will....
Establishing An Inheritance Tax Trust
Trusts offer an effective means by which an Inheritance Tax liability can be mitigated or avoided....
Gifting Money or Assets for Inheritance Tax Exemption
A article discussing the exemption from inheritance tax of gifts....
Giving to Companies and Trusts
Article on Inheritance Tax exemptions for those donating money to a trust or company....
Grant on Credit
A discussion of what happens if you cannot initially pay Inheritance Tax...
History of Inheritance Tax in UK
A history of Inheritance Tax and related taxes....
How I Found a Will: A Case Study
Finding a will can be a difficult process. This case study shows how one woman found her great uncle's will after his death....
How I Minimised Capital Gains Tax on My Inheritance
Capital Gains Tax can eat into an inheritance. It is important that you look at ways of minimising the potential CGT bill on assets that you inherit....
How Much Will You Pay?
A guide to how much inheritance tax you will be liable for....
How to Manage your Inheritance
An article discussing how best to manage an inheritance. Inheriting can be daunting, often involving dealing with sums of money never before seen by the recipient. A calm approach to investment is wis...
I Challenged a Will and Won: A Case Study
Challenging a will is a difficult process - and one that can result in lasting damage to family relations....
IHT: The Balance Between Avoidance and Evasion
Tax avoidance and tax evasion are easily confused. It is vitally important that you only use legal methods to reduce your Inheritance Tax bill....
Inheritance Gifts with Reservation of Benefit
A discussion of the 'Gifts with reservation of benefit' tax rule which applies to inheritance tax....
Inheritance on Antiques and Artworks
An article relating to inheritance tax issues surrounding antiques and artworks....
Inheritance Tax - Basics
A basic outline of issues surrounding in inheritance tax....
Inheritance Tax in Other Countries
A guide to inheritance tax in other countries and issues relating to owning property abroad....
Inheritance Tax, Marriage and Civil Partnerships
An article about Inheritance Tax Civil Partners and Marriage...
Inheriting Property
An article relating to the inheritance of property and tax issues....
Investing Your Inheritance in an Economic Downturn
The middle of a recession is a difficult time to begin investing, but there are potentially safe and profitable options of which you can take advantage....
Money Owed to and by the Deceased
An article on money owed to and by the deceased....
Negotiating Inheritance: Dealing With the Emotional Impact
Conflicts over inheritance can be difficult to deal with, but the emotional impact and practical problems can be minimised with good communication....
People Who Are Exempt from Paying Inheritance Tax
An article on beneficiaries and benefactors exempt from inheritance tax....
Planning For The Inheritance You Leave Behind
A guide to starting to plan for Inheritance Tax issues...
Probate and Confirmation
An article on Grant of Probate, in relation to a deceased person's Will....
Property Inheritance and Tax Issues
An article discussing the personal and financial factors that follow upon inheriting a property....
Questionnaire: Do I Need an Estate Plan?
Estate and inheritance planning is frequently ignored. But if your affairs are complex or your estate is large, a comprehensive estate plan may be necessary....
Questionnaire: Is a Trust Right For Me?
Trusts can be useful for a number of purposes. However, in most circumstances it is not necessary to establish a trust....
Reduce Inheritance Tax in 5 Easy Steps
Inheritance Tax threatens to affect hundreds of thousands of households. However, with some forward planning you can reduce your Inheritance Tax bill....
Reducing Inheritance Tax With a Trust
Inheritance Tax is a much hated levy. However, trust law provides an opportunity to mitigate an Inheritance Tax liability....
Religious Practices and Their Impact on Inheritance Law
An article discussing the way in which religion may affect your choices regarding inheritance, looking to the Judaeo Christian religions as an example....
Seeking Legal Advice When Planning Inheritance
An article discussing the need for legal advice and sources of legal advice in relation to inheritance tax....
Settling an Inheritance Abroad: A Case Study
Settling an inheritance abroad and dealing with the estate of a non-British residence can be a lengthy process requiring assistance from the Embassy or consulate....
Should I Hire an Independent Financial Adviser?
Independent financial advice can help you save money, regardless of your financial situation....
Step by Step Guide to Challenging a Will
Challenging a will, for example on the grounds of lack of provision or invalidity, is a difficult and time consuming process....
The Benefits of a Trust for Me: A Case Study
The use of trusts has declined since new rules on Inheritance Tax were introduced. But trusts still have a number of important applications - including avoiding probate....
The Importance of a Will
The importance of making a will with regards to inheritance and inheritance tax....
The Widows' IHT Tax Break
Inheritance Tax can be very costly, but tax breaks are available for widows and their beneficiaries....
Valuation of Your Estate
An article on valutaion of your estate with regard to future Inheritance Tax liability....
Valuing an Estate
Estate valuation is an important first step towards sorting out the affairs of a deceased individual. This process will help you understand whether or not Inheritance Tax will be payable....
What Are the Alternatives to Trusts?
Trusts are not always the best option for those wishing to avoid Inheritance Tax. Gifts and equity release schemes provide viable alternatives....
What is Capital Gains Tax: How is My Inheritance Affected?
Capital Gains Tax can have a significant effect on the value of your inheritance, and must be considered separately from Inheritance Tax....
What is Exempt from Inheritance Tax?
It is possible to lower the Inheritance Tax bill endured by your beneficiaries by making use of exemptions and Potentially Exempt Transfers....
When Can I Challenge a Will?
Challenging a will is a difficult process for which there are very limited legal grounds. You should understand the grounds for challenging a will before bringing a claim....
When Should I Use the Power of Attorney?
The decision to grant lasting power of attorney should not be rushed into. This legal facility should only be used in serious circumstances....
Where to Get Bereavement Support
Advice on dealing with inheritance tax for the bereaved....
Which Type of Trust to Choose?
Trusts can be useful in a number of circumstances, but it is important that you choose the right trust type for your purposes....
Who Will Pay Inheritance Tax?
An article discussing who will pay Inheritance Tax and whether or not it will affect you....
Will Inheritance Affect My Council Tenancy?
Inheriting property or cash can have an effect on your eligibility for council housing and other means-tested benefits....