My father has had Parkinson’s for the last 10 years but it has only recently got debilitating. My brother and his wife moved down to be close to him and ended up moving in with him. My dad has recently written a will in which my brother and myself are left equal shares of his … Read more
Savers in ill health who move pensions have less cause to fear inheritance tax after Supreme Court ruling Many savers have transferred out of safe and generous final salary pensions This can bring inheritance benefits, but there is a tax risk if you die soon after Supreme Court ruling is good news for savers, says … Read more
The amount of money raised from inheritance tax fell for the first time in a decade last year, new figures from HM Revenue and Customs have revealed. The amount of cash raked in from the death tax slumped £223million, or 4 per cent, in the 2019-20 tax year, but the charges still bolstered the Treasury’s … Read more
Parents secretly plan to leave a FAR bigger inheritance to their children than they expect is in store and just one in five families discuss plans People anticipate an inheritance of £78,000 on average from their parents Parents say they intend to pass on £124,000 on average Just a fifth of UK adults discuss inheritance … Read more
On the ball: Jonathan Davies has invested in property Former rugby star Jonathan Davies would abolish inheritance tax if he were made Chancellor of the Exchequer. Davies was a schoolboy when his father died from cancer and later he lost his first wife, Karen, to the disease when his youngest child was only a year … Read more
Are you banking on a big inheritance? Many are hoping a generous bequest will support them in old age Nearly one in five adults anticipate receiving a significant sum Young and middle aged are more likely than over-55s to expect a big bequest Plan for not getting an inheritance in case of disappointment, warns Hargreaves … Read more
I have just read Steve Webb’s column about a lady believing she was divorced and she in fact wasn’t. I find myself in the same position. A decri nisi was issued but not a decri absolute. I only discovered this when applying for my state pension and they required a copy of the absolute. I … Read more