Latest Probate and Estate Administration

Have you considered trusts when it comes to tax planning and asset protection?   The Purpose of Trusts Whilst trusts were created during the 12th century to protect the assets and interests of the nobility, these days their use is no longer restricted to higher society. Today, trusts serve the same purposes as they did…

Inheritance Tax (IHT) has traditionally been a domicile-based tax; however, the recent Spring Budget proposed a new ‘modernised residence-based regime’, which seems set to make significant changes to IHT from 6 April 2025.   The concept of Domicile The term domicile traces its roots to the Latin word “Domus”, meaning “Home”. As a concept, domicile…

Peace of mind for your family: Wills, Lasting Power of Attorneys and Inheritance Tax Planning.   Benjamin Franklin is famously quoted as saying that “nothing is certain except death and taxes”. It’s a sombre thought, but it is important to have the correct planning in place to ensure that your estate passes in accordance with…

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.

We understand the loss of a loved one is a stressful and difficult time. If you find yourself in the unfortunate position of having to complete a probate application we can assist and support you through the process.   Since 2015 Whitings LLP has been licenced to deal with non-contentious probate and we are undertaking…

With the UK tax system as complicated as ever, there are certain rules which we come across that can very easily give a particularly unexpected (and unpleasant) consequence. Income Tax When either parent has taxable earnings over £50k (after personal pension contributions), entitlement to child benefit is reduced. As higher rate income tax starts at…

With levels of inflation and house prices currently being so high, the value of your estate may be increasing exponentially when compared with the value of the long-frozen Nil Rate Band. This could mean more than ever that a portion of your estate may be stolen away through Inheritance Tax at 40% when you pass…

Having gained a  licence to deal with non-contentious probate in 2015, Whitings LLP continue to undertake more work to assist executors. This ranges from simple probate applications and filing of relevant forms through to administration of estates, acting as executors in some cases.   The process starts with preparing and periodically reviewing a Will in…

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…

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 –…