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Subscribe to this list via RSS Blog posts tagged in wills & probate

Recent research by Unbiased.co.uk has revealed that UK taxpayers will waste nearly £1.3 billion this year due to poor inheritance tax (IHT) planning. This tax wastage is only set to increase further in the future after the chancellor announced in 2010 that the threshold would remain frozen for four years at £325,000 rather than rising in line with inflation.

Recent research has shown that over a third of parents are reluctant to leave an inheritance to their married children because they don't want their child's spouse to benefit from the gift in the event that the couple divorce.