In the fifth episode of the #TVLawyer Podcast, Melinda Giles talks to Giles Wilson Associate and integral member of our Private Client department Demi Trunks about the complexities of probate sales and transfers.
Insights
This can be one of the easiest ways to save yourself some inheritance tax, and potentially avoid paying any at all – provided you seek the right advice and make proper arrangements.
Inheritance Tax (IHT) is due by the end of the sixth month after someone dies. Allowing for time to grieve and thereafter the thankless task of collecting essential information from banks, valuations and details of debts, this deadline can creep up on you.
You may want to pass an inheritance down to your children or the younger members of your family who could do with it more. But to avoid doubling up on inheritance tax, it is important to understand the 7 year rule.
Learn why it is important that everyone has an up-to-date Will, no matter their age or circumstance.
Awards & Recognitions
The expertise of our solicitors is regularly recognised by some of the profession’s most distinguished organisations. As well as being a member of a number of Law Society schemes, we have won awards at the Law Society Excellence Awards, the Halsbury Legal Awards and the Modern Law Awards.
We have also received recognition in the form of the Lexcel mark of quality, a Legal 500 listing and a place on the shortlist of The Lawyer’s Boutique Firm of the Year.
Our accolades
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