The UK Government has recently announced that it will no longer be progressing plans to increase probate fees in England and Wales.
Macnairs + Wilson Solicitors Blog & News
It is important for families to plan. Having sound legal preparations in place well in advance helps to bring families together. Families are really important, not only do they play important roles in communities but also within society in general. Good cohesion and security within families in turn helps to promote good cohesion and security within society.
New research by Saga Investment Services has found that the proportion of properties sold in England and Wales above the £325,000 Inheritance Tax (IHT) ‘nil-rate band’ looks set to reach record levels in 2016.
It can be difficult for families to initiate discussions about important topics such as retirement preparedness, eldercare and estate planning, but a recent survey by Fidelity Investments has found that children are more prepared to help out than parents might think.