by Legacy Insights | Oct 26, 2021 | Uncategorized
The probate process can be a slow one, involving the winding up of all of someone’s affairs following their death. If they did not leave a Will, the time taken can sometimes be longer, as their estate may be less organised than someone who has planned for the future...
by Legacy Insights | Sep 7, 2021 | Uncategorized
Insurance company NFU Mutual recently analysed HM Revenue & Customs receipts, finding that the average Inheritance Tax bill for the year 2018/19 was £199,000. The standard Inheritance Tax rate is currently 40 per cent, which can result in a substantial bill for...
by Legacy Insights | Aug 17, 2021 | Executor or administrator
When someone dies, the administration can seem overwhelming at what is a very difficult time. We take a look at each step to be taken. Following a death, dealing with all of the necessary paperwork is an onerous task. If a Will is left, it will appoint an executor who...
by Legacy Insights | Jul 20, 2021 | Uncategorized
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 | Uncategorized
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...
