Estate Administration

Secret Millionaire loses inheritance row

Secret Millionaire loses inheritance row

John Griffin, aged 68, was one of the most generous donors to appear on the Channel 4 show 'Secret Millionaire', which involves wealthy people going undercover in underprivileged areas only... Read more

Pensioners' life expectancy has improved, data shows

Future trust and estate planning is likely to be impacted upon by the changing circumstances surrounding pensioners, who are said to be living more fulfilling lives compared to ten years... Read more

Singles ignore writing a will

Concerns over estate planning have been raised by Standard Life, which says that one in five single people risk having their dying wishes neglected because they do not have a... Read more

House-sharing to avoid inheritance tax not recommended

Going into house-sharing arrangements to avoid the inheritance tax (IHT) implications after death can bring all sorts of complications, solicitors in Belfast may want to know.According to Equity Partners, pensioners... Read more

Labour MP blames lack of support for failure of inheritance tax amendment

A Labour MP's proposal that siblings should be entitled to the same inheritance tax break as a married couple has been discarded.The Guardian reports that Frank Field's suggested amendment to... Read more

Civil partnership split warning

People considering entering into a civil partnership in Northern Ireland should consult solicitors and plan carefully before taking the vows, it has been advised.According to the Law Society, entering into... Read more

Super-rich 'still hunting for NI property'

The very wealthy are still on the look-out for new large luxury homes, an architect has claimed.Des Ewing said that interest in his homes is so high that he has... Read more

Wills 'need to be regularly reviewed'

Wills and trusts need to be regularly reviewed as the inheritance people are able to leave changes, according to the Law Society.The society claims that solicitors need to be consulted... Read more

Care home financial advice 'essential'

Taking financial advice about retirement and care home provision is "essential", Saga has claimed.The magazine, insurance and holidays provider for the over-50s, has welcomed Gordon Brown's review on social care... Read more

Having a will ensures money passes to correct inheritors

Making a will is essential for those who want to influence what happens to their estate after they die, a financial expert has advised.David Kuo, head of finance at Fool.co.uk,... Read more

IHT problems for unmarried couples

Co-habiting couples who are not married or in civil partnerships are not entitled to the same inheritance tax (IHT) benefits as those who are, a firm of independent financial advisors... Read more

Solicitors 'essential' for co-buyers

With property prices in Belfast and Northern Ireland remaining high, many people may be tempted to buy a house with other people, but this should be entered into with caution... Read more

Widow forced to settle with husband's ex-wife

Solicitors in Northern Ireland will have watched an unusual case with interest, as a woman whose husband died only hours after they married has been forced to pay £100,000 to... Read more

Darling pledges inheritance tax cut

Chancellor Alistair Darling has announced that inheritance tax will be cut in his first pre-Budget Report.Solicitors in Northern Ireland may see more clients looking to buy houses as the inheritance... Read more

Clever couples can avoid high IHT

Married couples or those in a civil partnership can help to cut inheritance tax (IHT) by writing a nil rate band discretionary trust will, Willcare has advised. Couples in Britain... Read more

Inheritance 'vital financial support'

An increasing number of people across the UK and Northern Ireland are planning to fall back on inheritance windfalls to support them and their children, it has been claimed.Solicitors in... Read more