Unkind Daughter Loses Contentious Probate Case
The season of goodwill has fallen by the wayside within a feuding London family after a daughter has had her attempts to overturn her deceased mother’s Will rejected. Patricia Johnson contested the Will of her mother, Maudlin Bascoe, after it emerged, she was only set to inherit a reduced legacy of £100. Mrs Bascoe originally […]
UK Pays More IHT Than EU Counterparts
New research has revealed that inheritance tax (IHT) rates in the UK are more than double the EU average. Advisors have labelled IHT rates as a “contentious subject” and a reoccurring “hot potato”, as on average individuals in the UK pay 23.9% (£564,523) in inheritance tax when passing on an estate worth £2.4m to their beneficiary. In comparison, individuals in the EU pay […]