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BUDGET 2024 The Changes To Inheritance tax

The budget 2024, our new Government has decided in it's first budget to raise further income for the Treasury by increasing Inheritance Tax. Whilst the rates have not increased the existing allowances (ie nil rate bands), have been extended for a further fixed period...

A Right of Residence

A Right of Residence is something you can include in your Will If you own a house and want to make sure that someone can continue living there after your death one of your options is to create a Right of Residence for them. This will make sure that the person keeps...

It pays to be civil

Mixed sex couples can enter a Civil Partnership and enjoy most of the Tax benefits of being married. This is a legal relationship which provides some real financial benefit to those who wish to live together without getting married. The set up costs are nominal...

Another 1st for Collective Legal Solutions

OpenConvey, the online conveyancing portal , has added Collective Legal Solutions, the national estate planning service,to it's range of legal facilities for brokers registered on it's website. According to Steve Maine,managing director of OpenConvey ' Collective...

Save your Home

Most home owners insure their property against fire,flood or other disasters feeling secure that whatever the calamity their home will be saved.  Unfortunately no insurance is taken out against State acquisition. This often happens when the sole owner of a property...

Coalition Budget offers no change

The rates and allowances for Inheritance Tax were unaffected by the Budget on 22 June 2010. Previous forecasts by the Conservatives of raising thresholds to £1m per person came to nothing as the need to raise as much income from taxation as possible became apparent...

New Guidelines from the Office of Fair Trading

Following a recent survey commissioned by the Office of Fair Trading Consumers have been advised to shop around for Probate Services. Huge sums of money can be saved by appointing the right professionals to carry out this work as costs can vary between 1.5% to4.0% of...

Advice Articles

Please check back regularly for our latest advice articles to help you plan your estate effectively. Coalition Government  It looks as though  22 June  2010 is the date to watch out for. This is when the first Budget of the new Government is to be produced. Initial...

Advice Videos

Check back here for all Lincoln Wills latest advice Videos on the importance of Estate Planning and Writing your Will.

More than 50% of people do not have a will

The Telegraph newspaper reports that around 57% of people currently do not have a will, rising to 65% among those who have children aged under 18, these findings were published on www.unbiased.co.uk . Very recently the same newspaper reported the untimely death of...