Probate - Administration of Estates

Taxation and the Administration of an Estate

Taxation is an important part of dealing with the Administration of an Estate.  Executors’ duties include dealing with the Inheritance Tax returns and clearing the deceased’s Income Tax affairs to the date of death…

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Inheritance Tax Nil Rate Band

Tax The secretary of State for  Health, Jeremy Hunt, announced on 11 February 2013 that the inheritance tax nil rate band would be frozen at £325,000 for a further three years from 2015-16, to…

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Man Loses Gift From Partner After Her Death

A man who was given £61,000 by his partner a week before her death has been ordered to return it. Leonard Taylor was given a cheque by his partner Doris Luker a week before…

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Probate & House Valuations

Inheritance Tax HM Revenue and Customs (HMRC) challenged nearly ten thousand probate valuations of land last year.  This resulted in raising an additional £70m in inheritance tax charges. New enforcement powers are being used…

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Estate of Deceased Persons Act 2011

On the 12 July 2011 the Estates of Deceased Persons (Forfeiture Rule and Law of Succession) Act 2011 received Royal Assent.  A date for its enforcement has yet to be set. The Act amends…

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