Who can inherit if there is no will?

Who can inherit if there is no will?

When a person dies without leaving a will, it is known as dying ‘intestate’. If someone dies without making a will, the Rules of Intestacy will determine how the estate will be administered. This will also apply where someone made a will in their lifetime, but it is...
Wills for business owners

Wills for business owners

There are many advantages to making a will. Mostly they allow us to decide what happens to our assets after we die. The same advantages extend to wills for business owners: you can make a will to provide security over businesses when you are no longer around. Business...
What is a trust?

What is a trust?

With the option to be arranged in many different ways, a trust allows you, the creator of the trust (also known as the settlor), to keep control over what happens to your assets and how they are used when you pass. | What is a trust? It is a legal relationship that...
What does IHT tax mean?

What does IHT tax mean?

IHT is a tax on the estate of someone who has died. Most often, an estate will include all property, possessions and money owned by the deceased at their time of death. It is a tax that does not apply to every estate and is only payable by estates with a value greater...
The importance of making a will

The importance of making a will

A will is a legally binding document that manages and plans distribution of your assets, such as investments, money, property and possessions, upon your death. A will can also appoint guardians for your young children so that they are cared for should you pass away...