Archive for the ‘Tax News’ Category

Making a will

Monday, August 17th, 2009

The first step to ensure that your estate is shared out exactly how you want it distributed

It’s easy to put off making a will. But if you die without one your assets may be distributed according to the law rather than your wishes. This could mean that your partner receives less, or that the money goes to family members who may not need it.
(more…)

Inheritance tax glossary… the basics

Monday, August 17th, 2009

Assets Generally, everything that you own.
Beneficiary A person, or organisation, to whom you leave a gift in your will.
(more…)