Two in five consumers don’t understand what happens when they inherit
Consumers are confused about inheritance tax (IHT), the process of probate, and where they should go for help if they find themselves the potential beneficiary of a will. Comprehensive research conducted on behalf of The Estate Registry found that out of 2,000 UK consumers questioned, 39% don’t understand what happens if/when they inherit something, rising […]
House of Lords clash over IHT changes and rural business impact
The Government’s changes to inheritance tax rules came under intense scrutiny in the House of Lords on Thursday, as peers raised deep concerns about the impact on rural businesses, farming investment, and mental health in the countryside. Baroness Rock opened the debate by asking His Majesty’s Government what assessment it had made of the impact […]