Probate and Estate Planning advice

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Estate Planning

Will grandparents give financial Christmas gifts to grandchildren to avoid inheritance tax?

Older relatives looking to avoid new inheritance tax rules may look to offer financial gifts this year as Christmas presents to their grandchildren. Stephanie Chung, associate in the private client team at Wake Smith Solicitors, looks at the importance of understanding personal exemptions before making gifting decisions.

How to help financially support children and grandchildren through university

Parents and grandparents will be keen to help prevent university-bound children and grandchildren from racking up large amounts of student debt, and give financial support to their loved ones.

Do I need Probate?

Probate is the legal right to deal with someone’s property, money and possessions, called their estate, when they die. You should not make any financial plans or put property on the market until you’ve got probate. Find out more here.

How to reduce your inheritance tax bill?

A once widely, but now almost forgotten, tax loophole is meaning thousands of people could be needlessly paying large inheritance tax (IHT) bills each year.

Estate Planning

Will grandparents give financial Christmas gifts to grandchildren to avoid inheritance tax?

How to help financially support children and grandchildren through university

Do I need Probate?

How to reduce your inheritance tax bill?

Written by Our Private Client Team