Your Inheritance
What to expect when you inherit assets and how to handle the practical responsibilities. Articles cover tax obligations, legal duties, dealing with debts, and where to get support.
Acting as Personal Representative
Find out what a Personal Representative does after probate, from managing the estate to paying inheritance tax.
Consulting a Solicitor About Inheritance Issues
Get help from a solicitor to sort out inheritance tax, disputed wills, and what the deceased owed or was owed.
Dealing with Tax Payments
Personal representatives must pay inheritance tax within six months of death, with guidance on forms, installments and the probate process.
Gifting Money or Assets for Inheritance Tax Exemption
You can reduce inheritance tax by giving gifts now, either using the seven-year rule or through legally exempt gifts.
Inheritance Issues: Addressing Them Before a Loved One Dies
Talk to ageing relatives about their will and inheritance plans now to prevent confusion and family conflict later.
Investing Your Inheritance in an Economic Downturn
Whether you've inherited property or cash, a downturn can actually work in your favour if you know what to do.
Money Owed to and by the Deceased
When someone dies, debts they're owed become part of their estate, but collecting that money can be tricky without proper records.
Negotiating Inheritance: Dealing with the Emotional Impact
Family disagreements over inheritance can be painful, but honest conversations and planning ahead help ease the emotional burden.
People Who Are Exempt from Paying Inheritance Tax
Your spouse or civil partner can inherit tax-free, but most other people have to pay inheritance tax unless you give to charity.
Religious Practices and Their Impact on Inheritance Law
How different religions approach inheritance and what their teachings say about passing wealth to the next generation.
Seeking Legal Advice When Planning Inheritance
Get help with inheritance planning from solicitors, Citizens Advice, or government resources to handle tax and legal matters.
When Should I Use the Power of Attorney?
Find out when you need power of attorney and how to choose someone to manage your affairs or healthcare decisions.
Where to Get Bereavement Support
Find practical support for grief and help navigating the emotional and financial challenges after losing someone close.
Who Will Pay Inheritance Tax?
Whether you'll owe inheritance tax depends on your assets and the future value of your estate, so getting a valuation now can help you plan ahead.