This can result in their estates being liable to UK inheritance Tax (IHT) @ 40%. It is domicile not residence which determines whether you are liable to UK Inheritance tax. Living abroad does not necessarily protect you. There are three…
Lloyds Banking Group failed to return the Wills of thousands of deceased customers to their families, leading hundreds of them to distribute assets to the wrong people. The company discovered this year that it had about 9,000 Wills of deceased…
Reduced rate of inheritance tax where 10% of estate left to charity Cutting your Inheritance Tax bill Leaving a part or your entire estate to charity can reduce, and in some situations, eliminate the Inheritance Tax liability. If you leave…