Insights

The headlines around inheritance tax following the budget were noisy on how farmers will be affected, on pension pots and on the fact that there is no rise on the nil rate band in the near future. However, in the small print there is an important change: that is the amount of interest charged on unpaid tax liabilities.

In the fifth episode of the #TVLawyer Podcast, Melinda Giles talks to Giles Wilson Associate and integral member of our Private Client department Demi Trunks about the complexities of probate sales and transfers.

Inheritance Tax (IHT) is due by the end of the sixth month after someone dies. Allowing for time to grieve and thereafter the thankless task of collecting essential information from banks, valuations and details of debts, this deadline can creep up on you.

Learn why it is important that everyone has an up-to-date Will, no matter their age or circumstance.