How does domicile affect inheritance tax in the UK?
In the UK, it is your domicile, rather than your residence, which is taken into account for Inheritance Tax (IHT)…
What is Inheritance Tax?
I wrote an article on How can inheritance tax be paid if there is no cash available in the estate?…
How can inheritance tax be paid if there is no cash available in the estate?
Personal representatives are liable for the inheritance tax payable on assets passing under a deceased’s will or under the rules…
Do I need a solicitor to apply for a Grant of Probate?
You have discovered you are an Executor but you are not sure what this will involve and whether you will…
Liabilities of an executor of a will
An executor, also known as a personal representative, is appointed by someone, often a relative, in their will to deal…
Should you replace your Enduring Power of Attorney with a Lasting Power of Attorney?
Enduring Powers of Attorney (EPAs) were replaced by Lasting Powers of Attorney (LPAs) in October 2007. Both an EPA and a…
Can a will be changed after death?
A Deed of Variation, which must be signed in the presence of two witnesses, is often used by a beneficiary…