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Probate Fee Increase Scrapped by Government
Dubbed the ‘stealth or death tax’ by many commentators, plans to increase probate fees up to a maximum of £6,000, have now been scrapped. Ministry of Justice Announcement Originally announced last November, Secretary of State for Justice, Robert Buckland, has now reversed the decision to change the current flat-fee structure in England and Wales to…
continue readingClients Pledge Over £3.35 Million for Cancer Research
The clients of Curtis Parkinson have been recognised by Cancer Research UK for supporting their Free Will Service for almost 20 years. Since 1999, the generosity of their clients means that over £3.35 million worth of gifts have been pledged by those choosing to leave a legacy to the charity in their will. Solicitor and…
continue readingInheritance Tax and The Residential Nil Rate Band (RNRB)
Maximising What You Leave Behind Most financial and legal experts will admit that the rules governing UK inheritance tax (IHT) are complex. Back in 2007, in an attempt to simplify the regime and “take the family home out of Inheritance Tax”, George Osborne promised to increase the nil rate band (NRB) from £325,000 to £1…
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