Can I change a Will ?

A surprisingly asked question, which we answer regularly is whether a will can be changed after probate has been issued ? in short the answer is yes ! however the rules are very strict. In summary there is something called a deed of variation. This is term given to the deed that enables the terms of…

Probate & Inheritance Tax under the Budget

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…