Real Life Problems and their solutions – Altering a Will
Real Life Problems and their solutions – altering a Will Mr B is 84 and his brother had recently passed away leaving everything to him. It was a sizeable inheritance. Mr B is widower with 2 adult children and several adult grandchildren and he himself had savings and property of considerable value. He was concerned […]
Second Marriages
Second Marriages We know that circumstances around a second marriage are more complicated than the first. There are often children from a previous relationship to consider, as well as assets you have acquired during your first marriage – for example property, savings and a pension pot. Upon your second marriage you will need to create […]
Have you been thinking of making a Will?
Are you one of the two thirds of adults in the UK who haven’t got an up to date Will? Perhaps now is the time to make a Will and help our local charity Oakhaven at the same time. During the Week 24th – 28th September 2018 we would like to help show our support […]
Only 40% of UK population have a Will
According to the survey done by Perry’s, a London Accountancy firm, only 40% of the UK population have a Will. Are you one of the 40% and if so I wonder how old that Will is and whether it still fulfils your wishes? If you are one of the 60% who do not have a […]
Did you know that your estate can now benefit from a new Inheritance Tax exemption?
Did you know that your estate can now benefit from a new Inheritance Tax exemption? The new IHT Residence Nil Rate Band (RNRB) is in addition to an individual’s own Nil Rate Band, currently £325,000. The new RNRB is currently £100,000 and will increase by £25,000 each tax year until 2020/21. This new exemption will […]
Should I make a Will?
Should I make a Will? Surveys show that people put off making a will, often until they’re in their 50s. Three-quarters of the population have a will in place by the time they are 65, but that still leaves a sizeable number uncovered! Why Make a Will? Without a will, your family could face a […]