Inheritance Tax is a complex issue and is one that people don’t consider either when making a will. Moreover, when people are coming to terms with a bereavement, the last thing people want to concern themselves with is a complicated tax system. Often people dealing with inheritance are grieving, and it’s only later that they…
A deed of variation is a document that changes the provision and distribution of a will after a person has died or changes the way inheritance is distributed in the case of an individual who dies without a will. When a person has died and left a will, there may be several reasons why a…
Dealing with the death of a relative or someone close to you is never easy, and while you want to do all you can for them, you often need your time and space to grieve for the loss. It is a privilege that your friend or relative has chosen you to be the executor of…
What is the Medallion Guarantee? The Medallion Signature Guarantee or its short version name, the Medallion Guarantee is an instrument that was developed in the United States that guarantees the authenticity of a signature authorising the transfer of securities. This device is guaranteed using a special certification stamp. This guarantee is only required when securities…
Some parts of the UK media have a habit of revelling in the financial details of celebrities who’ve recently died. Whilst this practice is questionable, it nevertheless sometimes teaches us a valuable lesson – that minimalizing tax liabilities after death is somewhat of an art form – one that demands professional planning and intelligent choices.…
Inheritance tax may well be the most detested of all taxes – which is not so surprising, given that we’re taxed throughout our lives, only to be effectively taxed once more as our estate is passed on to our loved ones. Unfortunately however, inheritance tax is very often a divide that must be bridged. Here…
The legalities of inheritance are often complex, long winded and intimidating for anyone less than a legal professional. All of which comes at a time when people may be in the midst of grief and in a frame of mind that is anything but prepared for the process of probate. So allow us to make…
Q. My uncle owned his own business but has passed away suddenly and there is no one to deal with his financial and business affairs. My husband and I would like would like to settle his affairs and it has been suggested that a probate specialist can help us. What is a probate specialist and…
It is said that famous American architect, adventurer and entrepreneur Addison Mizner (1872–1933) once jokingly quipped “Where there’s a will, there’s a law suit”. We disagree! Wills written by our professionally qualified and regulated will writing experts are legally valid and can be relied on completely. It is for this reason that IWC support some…