Uncle died without a will – what happens ?

Probate

If your Uncle or Aunt has died without a will, it is of course important to double check that no will was left. the best places to check are local solicitors, banks or building societies or even the will search company called Certtainty. If no will can be found then  your Uncle’s estate will be subject…

Probate & Inheritance Tax under the Budget

Inheritance Tax

The Government when announcing its Budget on the 19th March 2014, provided a pledge that Inheritance Tax would remain at the current level of £325,000 until 2017/18. Inheritance tax is charged at 40% on those estates above £325,000 although there are a number of reliefs available. For example, assets that pass between spouses are exempt…