How will Inheritance Tax rules changes affect you?

How will Inheritance Tax rules changes affect you?

In 2017 the rules on Inheritance tax (IHT) changed, with the intention that eventually married couples and civil partners will be entitled to pass on assets worth £1 million, including the family home, without paying any inheritance tax by adding a new Nil Rate Band...
Are you a Joint Tenant? Find out why this matters

Are you a Joint Tenant? Find out why this matters

Joint Tenants or Tenants in Common There are 2 ways of owning a property* – Joint Tenants (JT) or Tenants in Common (TIC). When a property is bought and registered with the Land Registry, the electronic title deeds will show who the owners of the property are....
Do your debts die with you?

Do your debts die with you?

Myth: All your debts will be written off when you die Mortgages, loans, credit cards, car finance…..whatever the debt, there’s a myth where people think their debts are written off when they die. But that’s not the case.  Any assets you had before your death,...