Executors must collect and protect assets, settle liabilities, manage tax obligations, and ensure the estate is distributed correctly to beneficiaries. Throughout the process, they must
New figures show that the number of IHT investigations rose to almost 4,000 in the last tax year, recovering an additional £246m for the Exchequer.
Among the hardest-hit locations are Wimbledon, where the average IHT bill stands at £566,000, and Guildford, with an average bill of £302,000. Following the Government’s
Farms are often asset rich rather than liquidity rich, and even where IHT is charged at a reduced rate, the sums involved can still be
If you don’t update your Will during divorce – or you have not made one – your estranged spouse may still inherit your estate in
What’s changing? From 6 April 2026, the current 100% IHT relief for eligible business property will be capped at £2.5m per person. Any value above
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