Posts By: admin

When a person dies without leaving a valid will, their property (the estate) must be shared out according to rules of intestacy. A person who dies without leaving a will is called an intestate person. Only married or civil partners and some other close relatives can inherit under the rules of intestacy. Married partners and… Continue reading →

Inheritance Tax (IHT) can apply to any property, money, and belongings you pass on. It usually doesn’t apply when you pass on your pension money. This is because, unlike other investments, your pension isn’t part of your taxable estate. That’s why it might be tax-efficient to keep your savings in a pension fund and pass… Continue reading →

Anyone living in a property in council tax bands A to D is eligible for a £150 tax rebate as part of a scheme to help with the cost of living crisis. Around 90% of eligible households have received this by direct debit, but what should you do if you haven’t? The payment is a… Continue reading →

One can leave legacy gifts to a charity in the will, as follows: A sum of money People can gift a fixed sum of money, like £1000, £5000, or £10,000. This is called a pecuniary legacy. An Item or Asset One can also gift specific assets such as property, stocks, shares of valuables like jewellery… Continue reading →