inheritance Archives - Philip J Milton & Company Plc https://www.miltonpj.net/tag/inheritance/ North Devon's Leading Wealth Managers Tue, 04 Feb 2025 14:27:10 +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 inheritance Archives - Philip J Milton & Company Plc https://www.miltonpj.net/tag/inheritance/ 32 32 Equity release – is it in your best interest? https://www.miltonpj.net/2025/02/05/equity-release-is-it-right-for-you/ Wed, 05 Feb 2025 10:00:00 +0000 https://www.miltonpj.net/?p=11648 Equity release – or remortgaging your home – saw a surge in popularity at the end of 2024, latest figures have revealed. The Equity Release Council says there was an increase in lending of £622million in the last quarter of the year, up 16% on the year before, although the figure for the total year […]

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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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