19/11/19
Many people work hard to buy their own home, and it is often their main asset which they hope their families will inherit after they die. However it is often the case that, if someone needs care in later life due to illness or frailty, their home must be sold in order to fund this care. With life…
10/07/19
An independent review by the Office of Tax Simplification (OTS) has concluded that the "seven year rule", a bedrock of UK inheritance tax (IHT) planning whereby assets given away during an individual's lifetime are exempt from IHT if the individual survives for at least seven years, should…
22/03/19
The terminology surrounding the execution of a will can sometimes be quite daunting, especially when you are dealing with the death of a person or relative close to you. At Forbes Solicitors, we understand the information regarding this subject may not be the easiest to process, which is why we have…
22/02/19
From April 2019 there will be a significant increase in the fees charged by the Probate Registry for processing applications for Grants of Probate and Letters of Administration. At present, probate fees are a flat fee of £215 for applications made by individuals and £155 for applications…
14/01/19
Recordings in 2018 show that over 60% of people in the UK do not have a valid Will, according to research from Unbiased.co.uk. This is an all-time high (passing the previous peak in 2011) meaning that now over thirty one million UK adults run the risk of dying intestate and having their estate…
