A recent report by the Office of Tax Simplification (OTS) contains a number of recommendations to deliver “a more coherent and understandable structure” to inheritance tax. These recommendations have been put to the government to consider and have not yet been acted upon but it does certainly highlight scope for change to the current rules that are complex and often misunderstood.
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Read jargon-free articles and guidance pieces written in-house by our solicitors and keep up to date with what's happening at Neves.
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death
At Neves our goal is to give our client’s peace of mind that after their passing their affairs and wishes will be dealt in accordance with their faith yet valid under English Law. For example we aim to ensure that wills prepared on behalf of our Muslim clients are compliant with not only their faith but comply with the requirements of English Law.
When it comes to owning property abroad it is important to understand the laws of succession in that jurisdiction in the event of the owner’s death.
Neves had the pleasure of speaking to the Buckingham U3A Family History Group recently. The topic was Wills and Probate, but in considering what to talk about we were very aware that genealogists and family historians are looking at old Wills and Probates differently from solicitors.
Excluding People from Your Will and a very brief look at Lady Lucan’s Affairs
Although sizeable to many people, Lady Lucan’s estate was worth in the region of £575,000 when she died last year, which was admittedly less than some were expecting.
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