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NEWS
NEW PROBATE FEE HIKE TO HIT FAMILIES
November 2018
Grieving families will be hit with bills of up to £6,000 under a stealth death tax. The cost of securing probate – legal control over a deceased's estate – is to soar from next April. Around 280,000 families a year will have to pay more than the current £215 fee – with 56,000 of them facing bills of £2,500 to £6,000.
NOW THE BANKS CASH IN ON WILLS: 1.5 MILLION FAMILIES FACE LOSING BILLIONS
June 2018
Families are in for a huge shock when their loved one dies and they face having to hand a bank eye- watering amounts from their inheritance - small percentages may seem reasonable at the time but they can add up to tens of thousands of pounds on a customer's death.
UPDATE YOUR WILL OR LOSE THIS £70,000 INHERITANCE TAX PERK - THE TELEGRAPH
March 2017
The introduction of the new residence nil rate band, or the family home allowance, means many wills are out of date – and people will not benefit from the new tax break. The residence nil rate band allows couples to pass on a £1m family home free of inheritance tax.