What to do if there is no WillIf you find yourself in the unfortunate situation that your loved one has died and they have not left a Will, then the estate will be shared out in line with certain rules known as the “Rules of Intestacy”. If the value of the estate...

Who inherits if there is no Will - IntestacyIf you find yourself in the unfortunate situation that your loved one has died, and they have not left a Will, then the estate will be shared out in line with certain rules known as the “Rules of Intestacy,” and these are...

Executor's ResponsibiltiesThe Executor has a wide range of responsibilities which include: Registering the death Obtaining the original Will Valuing the estate Reporting to HMRC Paying any inheritance tax which may be due Applying for Probate Collecting the assets of...

Brief guide on Administering an EstateThe administration process Once the Grant of Probate or Grant of Letters of Administration has been issued, the executors or administrators can proceed to register the assets in their names, claim cash balances and the proceeds of...

Inheritance Tax explainedWhat is Inheritance Tax (IHT) Inheritance tax (IHT) is a tax charged on a deceased person’s net estate.What is the Inheritance Tax Nil Rate Band Every deceased person has an allowance of £325,000 which can be used in their estate if it has not...