Author: Smart Will

What is form Iht205?

What is form IHT205?

What is form IHT205? Form IHT205 is a return that is made to HMRC to inform them of the value of an estate where it is below the excepted value…
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What is estate planning?

What is estate planning?

Estate planning is simply the process of putting in place measures to make sure that your assets go to the people you want them to after your death and to…
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What is UK inheritance tax?

What is UK inheritance tax?

Inheritance tax is a charge on the estate of a deceased person, often called colloquially ‘death duties’, they are paid on the value of the deceased’s estate. The estate can…
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Do I need probate in the UK?

Do I need probate in the UK?

A grant of probate is the formal legal permission for an executor to administer the estate of a deceased person. Theoretically, everyone needs to have permission to deal with estate…
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