by Legacy Insights | Jul 20, 2021 | Estate Planning, Inheritance Tax, Probate
It is often the case that after a death there is a property to sell. This can be a time-consuming and sometimes difficult task. We take a look at the steps you will need to go through. Obtaining a Grant of Probate or Letters of Administration If the deceased...
by Legacy Insights | Jul 6, 2021 | Inheritance Tax, Probate, Wills
An executor, appointed in a Will to finalise someone’s affairs after their death, can be either a professional or a private individual. According to a survey conducted by market research consultancy IRN entitled UK Wills, Probate and Trusts Market 2020, the number of...
by Legacy Insights | Jun 22, 2021 | Inheritance Tax, Wills
After someone’s death, their beneficiaries have the option to change the way in which the estate is distributed. This is done by executing a Deed of Variation. When somebody dies, their affairs are wound up by their personal representative, either an executor, if they...
by Legacy Insights | Jun 8, 2021 | Inheritance Tax, Trusts, Wills
As the pandemic pushes the annual death rate above average, research has found that it has prompted people to make a Will. A survey entitled the UK Wills, Trusts and Probate Market Report 2020 conducted by market research consultancy IRN Research found that of those...
by Legacy Insights | Apr 6, 2021 | Inheritance Tax, Probate, Trusts
When someone dies, their representative has the job of winding up their estate and finalising their affairs. If they have left a Will, then their representative is known as the executor of their Will. If there is no Will, then the job is undertaken by their...
by Legacy Insights | Mar 30, 2021 | Inheritance Tax, Probate, Trusts, Wills
As unwanted Christmas gifts languish in the corner, research reveals the huge investment power of a small pot of money given to children and invested for later life. Opinium Research on behalf of St James’s Place asked parents of under-18s how much would be spent on...
