BLOG - Tax Planning

• Inheritance Tax – Do you need a solicitor?

  

  12 Mar, 2019 Posted By:

  Even though Inheritance Tax (“IHT”) is based on a simple concept – whatever you own at the date of your death will potentially be subject to tax – the reality is often very complex.  Despite this, more and more people are taking up the Government’s offer to do their own DIY Probate.  What they don’t tell... read more.
  Tags: Wills and Probate , Probate , Tax Planning

• Inheritance Tax Planning and Lifetime Gifts

  

  12 Feb, 2018 Posted By: Abigail Whelan

  Depending on how much you have to leave, your estate may be liable to pay Inheritance Tax when you die, and you may want to think about how you can reduce that impact.If you are concerned about the impact of Inheritance Tax on your estate, lifetime gifting - giving some of your assets away while you are alive - can be a useful tool to mitigate this.... read more.
  Tags: Tax Planning , Wills and Probate , Private Client

• Inheritance Tax. The Law is Changing

  

  29 Nov, 2016 Posted By: D.Collins

  Last year alone the Inland Revenue collected £4,643,000,000 in Inheritance Tax. If you would like to reduce the contribution you make to that sum, it’s important to plan ahead and to think about Inheritance Tax when you make your will, and to review your plans when the government makes changes to the rules. The tax is payable by estates... read more.
  Tags: Tax , Wills and Probate , Wills

• Our private client department is expanding.

  

  27 Apr, 2016 Posted By: D.Collins

  The Partners  at FDC Law are pleased to announce that Leanna Knight has joined FDC Law Frome, as a member of the Private Client Department.   Leanna is a native of Frome and, she says, is delighted to be returning to her home turf to work! She  obtained her law degree from Bournemouth University, and has previously worked... read more.
  Tags: Frome , Inheritance , Intestacy

• Proposed New Stealth Tax on Estates

  

  25 Feb, 2016 Posted By: D. Little

  The Ministry of Justice have recently issued a consultation paper with their proposals to reform the application fees for Grants of Representation (The application made for Probate or letters of administration, to allow you, as their executor or administrator, to deal with their estate)  in England & Wales.    The MoJ propose... read more.
  Tags: Inheritance , Private Client , Probate