estate Archives - Philip J Milton & Company Plc https://www.miltonpj.net/tag/estate/ North Devon's Leading Wealth Managers Wed, 25 Sep 2024 13:56:42 +0000 en-GB hourly 1 https://wordpress.org/?v=6.9.1 https://www.miltonpj.net/wp-content/uploads/2018/02/PJMCO-Site-Image-4-100x100.png estate Archives - Philip J Milton & Company Plc https://www.miltonpj.net/tag/estate/ 32 32 Where there’s a Will – make sure it’s done the right way https://www.miltonpj.net/2024/07/17/has-your-will-been-done-correctly/ Wed, 17 Jul 2024 09:00:00 +0000 https://www.miltonpj.net/?p=11394 Disputes over the validity of Wills and quarrels over the inheritance of estates are as old as the hills and no doubt ancient civilisations had very similar problems – though their solution was probably somewhat blunter than we are used to! We’ve visited the topic before, but it was an eye opener recently to hear […]

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]]> Probate delays adding extra costs for bereaved families https://www.miltonpj.net/2023/07/13/probate-delays-costing-families-money/ Thu, 13 Jul 2023 13:13:02 +0000 https://www.miltonpj.net/?p=10759 Families are seeing potential extra costs due to delays of up to several months before probate is granted after a death – but there are some things you can do to keep the costs down. A grant of probate is a legal requirement for anyone handling the estate of a deceased person, before any inheritance […]

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]]> Are you now liable for Inheritance Tax? https://www.miltonpj.net/2023/05/03/are-you-liable-for-inheritance-tax/ Wed, 03 May 2023 14:17:35 +0000 https://www.miltonpj.net/?p=10594 Inheritance Tax has become a ‘mainstream tax’ for many and people are being warned to put their finances in order to make passing on their wealth to the next generation as tax efficient as possible. The Government has taken £7.2billion in Inheritance Tax (IHT) receipts for the 2022-23 tax year, HMRC figures have revealed and […]

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]]> Capital Gains Tax window is almost closed https://www.miltonpj.net/2023/02/08/capital-gains-tax-window-almost-closed/ Wed, 08 Feb 2023 12:25:04 +0000 https://www.miltonpj.net/?p=10434 Time is running out for anyone who wants to make use of the current £12,300 Capital Gains Tax allowance before it plummets to £6,000 at the start of the new tax year this April and then to just £3,000 from April 2024. CGT is a tax on the profit a person makes when they sell […]

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