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Know your worth

Know your worth

By Sarah McDermott, Paralegal in the Private Client Team  The inheritance tax nil-rate band When it comes to inheritance tax, each individual has a nil-rate band allowance of £325,000 (assuming they have not made significant lifetime gifts within the seven year...
Divorce Reform Law

Divorce Reform Law

By Kim Mapperson, Associate Solicitor It has now been a month since the introduction of the new divorce Law. The Divorce, Dissolution and Separation Act 2020 which came into effect on 6th April 2022 removes the requirement to demonstrate anything more than the ground...

You can have your cake and eat it.

Do you want to give away your home now, so that it does not suffer inheritance tax when you die? If so, you may have problems with that. If HMRC can show that, although you no longer own your home but you still live there, they will say that you have made a...

Having your cake and eating it.

Do you want to give away your home now, so that it does not suffer inheritance tax when you die? If so, you may have problems with that. If HMRC can show that although you no longer own your home, but you still live there, they will say that, you have made a...