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  • Basic Wills from £125.00
    Basic Wills from £125.00
    Without a valid Last Will and Testament any assets you leave on death will be distributed according to the Rules of Intestacy. These rules lay down a rigid method of estate distribution and make no account of your wishes. Click the image to read more...
  • We realise that most people haven’t experienced probate before. Probate is the administration of a deceased’s Estate by the appointed “executors” in the Will, usually family members. At an already difficult and emotional time, the complexities of executing a Will and establishing any appropriate Trusts can be an arduous task. Click the image to the left to read more...
  • Inheritance Tax is simply a tax on money or possessions you leave behind when you pass on.It can also apply to some “gifts” you make during your lifetime. It is therefore vital that you receive professional Inheritance Tax Advice on your position to minimise the impact and tax paid should the worst happen, ensuring that your loved ones receive as much of your money as possible. Click the image to the left to read more...
  • Without a valid Last Will and Testament any assets you leave on death will be distributed according to the Rules of Intestacy. These rules lay down a rigid method of estate distribution and make no account of your wishes, unless you write a will. Click the image to the left to read more...
  • Lasting Powers of Attorney from £150
    Lasting Powers of Attorney from £150
    Often serious illness or accidents strike without warning. Last year, for example, approximately 130000 people suffered strokes. Without a Lasting Power of Attorney being available this is when it becomes difficult... Click the image to the left to read more...

Triple Taxation

By on February 25, 2014 in Latest News

Tess Daly, the host of ‘Strictly Come Dancing’ has attacked Britain’s disgraceful and insulting inheritance tax laws. In a recent magazine article she states that in effect Inheritance Tax is triple taxation. Tax is paid on earnings, Stamp duty is paid on Property purchase and then Inheritance Tax is paid on any of those you leave on death. ‘I want to see death duties at 40% scrapped says Tess who lost her father in 2003.

The answer is to plan well before death to protect your assets says David Dexter of Lincoln Wills. Inheritance tax can be a voluntary tax paid only by those who take no action to avoid it legally. Spousal by-pass Trusts. Property Protection Wills,  Lifetime Property Protection Trusts can all play a part in minimising Inheritance Tax liabilities.

Seek advice now before the inevitable occurs

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