Latest Blogs in Probate and Estate Administration
Jake Day
20th October 2021 Minimising Your IHT Exposure

As Benjamin Franklin once said; the only two certainties in life are death and taxes. Although it’s a sombre subject, it is important to put in place the right planning so that when we are hit by one, we can avoid the other. We want to ensure we are able to leave as much of…

Ian Piper
23rd April 2020 Family Investment Companies: Pass on wealth IHT efficiently

Business owners who have built up a valuable private investment company (holding cash, private or quoted equity and/or property), accumulated either from scratch or after the sale of a trading company subsidiary, will be all too aware that the lack of entitlement to Business Property Relief (BPR) creates a problematic inheritance tax (IHT) exposure –…

Andrew Winearls
8th November 2018 Probate Fees Hike

The government is to push ahead with plans to change the fees for applying for probate, which will see many executors faced with funding significantly higher fees in order to obtain probate to enable them to administer the estate. The changes, which are planned to come in from next April, will see the introduction of…

Victoria Stokes
13th September 2018 Wealth Preservation Seminar – Planning for the future

Whiting & Partners host their second annual Wealth Preservation Event at Huntingdon Racecourse on Wednesday 24 October. Discover how to manage your wealth effectively with advice from experts in investment strategy as well as tax and financial planning. The free event will welcome speakers from Whiting & Partners Tax and Wealth Management departments as well…

Barbara Nicholas
31st August 2017 Inheritance Tax – new exemption for residences

For deaths occurring on or after 6 April 2017, an additional exemption is available where a residence passes to a direct descendant.  At the moment, this amounts to £100,000 but it’s set to increase over the next few years, to a maximum of £175,000 in April 2020.  Commonly known as the Residence Nil Rate Band…

Nick Edgley
21st April 2017 Probate fee increases scrapped – for now…

The government’s proposed increase to probate fees – from the current £215 to a potential maximum of £20,000 – have been scrapped, as there will not be sufficient time for the regulations to pass through parliament before the snap general election. These changes were highly controversial due to the size of the increase – the…

Philip Peters
27th February 2017 Progressive Capital Taxation.

Probate: Fees hike to go ahead. Despite an overwhelmingly negative response to its proposals, the Ministry of Justice has confirmed that it is pressing ahead with the introduction of a new scale of fees to be imposed on the executors of deceased estate. Up to now, when executors apply for probate, a flat rate fee…

Ian Piper
18th October 2016 Wealth Protection

Once clients have built up a successful business, their focus will naturally evolve from business development to protecting the valuable they have buily up from the risks associated with running a business.

Ian Piper
24th January 2015 Protect Valuable Assets from Business Risks

We can assist in this process by assisting in assessing risk and then advising on introducing appropriate mitigation: Robust Financial Management Undertaking a voluntary or statutory audit as, both, a preventative and detective measure. Introducing appropriate financial controls, timely financial reporting procedures and other examples of best practice governance. Registering for the Companies House PROOF…

Nick Edgley
4th July 2013 IHT Planning

Use Lifetime Trusts to Save Inheritance Tax. With the government confirming in the last Budget that the current inheritance tax nil rate band of £325,000 will be frozen until 2018, more and more people will find the taxman taking a sizeable slice of their estate on death. Making gifts during your lifetime is one solution…