The guidance from HMRC confirms that each person can make as many ‘small gifts’ at Christmas as they like. HMRC defines small gifts as those where the value is £250 or less per person.
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.
Our Managing Partner Melinda Giles helps younger listeners understand the law around someone passing away in her appearance on the Kids Law podcast.
There is definitely speculation about potential changes to IHT. We have not seen major change since 2017. But what could happen now?
Jodie O'Regan is the Giles Wilson representative at Leigh-on-Sea WIBN and she writes about the benefits of this wonderful group of local women.
This year International Women’s Day 2024 is centred around the theme of inclusivity. When we inspire others to understand and value women's inclusion, we forge a better world.
On the sad event of someone’s death there is the potential silver lining of some financial benefit. However, could there be circumstances where an inheritance might place someone in a worse position?
There is a rapid growth of wealth amongst young people in Britain, meaning that the number of estates that will be hit with an IHT bill is set to rise. This is if the current government doesn’t decide to scrap the scheme altogether.
Inheritance tax is a tax that needs to be paid by a person or their estate and is most commonly paid when someone dies or when setting up a trust.
In the sixth episode of the #TVLawyer Podcast, Melinda Giles speaks to Giles Wilson Probate Executive Victoria Ferguson about Wills, Lasting Power of Attorney and later life, and why planning ahead is so important for the future.
In the fourth episode of the #TVLawyer Podcast, Melinda Giles talks to Giles Wilson Partner and expert in later-life legal matters Pippa Bavington to break down the considerations and complexities involved with equity release.
In the first episode of the #TVLawyer Podcast, Melinda Giles talks to Giles Wilson Associate and Court of Protection expert Kirsty Buxton to highlight this crucial component of our legal system.
This can be one of the easiest ways to save yourself some inheritance tax, and potentially avoid paying any at all – provided you seek the right advice and make proper arrangements.
"You take your car to the garage, your pet to the vet, and you should take the matter of your family’s inheritance, to your solicitor."
The expertise of our solicitors is regularly recognised by some of the profession’s most distinguished organisations. As well as being a member of a number of Law Society schemes, we have won awards at the Law Society Excellence Awards, the Halsbury Legal Awards and the Modern Law Awards.
We have also received recognition in the form of the Lexcel mark of quality, a Legal 500 listing and a place on the shortlist of The Lawyer’s Boutique Firm of the Year.
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We hope that you do not have cause to complain about us but we do take any complaints very seriously and urge you to speak to a partner initially and if you are not satisfied then to follow our Complaints Procedure.
When to report a solicitor to the SRA
If you have complained to your solicitor about breaching the SRA Code of Conduct and are not satisfied with their response, you can report them to the SRA. Examples of a breach include:
When to contact the Legal Ombudsman
If you have complained to your solicitor about poor service and you are not satisfied with their response, you can contact the Legal Ombudsman who deal with poor service, such as:
