Estate Administration

26th November 2019

What is a Grant of Representation?

Many people are familiar with the idea of the administration or probate process; however, most do not actually know what a Grant of Representation is, or that there are different types. Ultimately, the Grant of Representation is a document sealed and issued by the Court, which provides the Executors or Administrators of an estate with […]

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11th September 2018

Gift of Property between Spouses

Gift of Property between Spouses We look at making a Gift of Property between Spouses in the case study below. Lifetime gifts can have complications. You need to understand the differences that occur when a mortgage is involved or no David and Sammy David and Sammy have been married for 5 years ago and have […]

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7th August 2018

What is the Nil Rate Band and how does it affect Inheritance Tax?

According to Benjamin Franklin, there are two certainties in life; death and taxes. However, one eventuality that Mr Franklin most likely did not prepare for is the notion of a tax on death. In the United Kingdom, Inheritance Tax is an issue that haunts many families each year and has done since its formal introduction […]

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6th August 2018

Preservation of Assets

When someone passes away, it is important to make sure that the relevant people, companies and organisations are informed. You will also need to ensure that any assets of the deceased are preserved until such time when they can be collected, sold or distributed. Informing the appropriate companies and organisations about the death of a […]

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