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Inheriting tax: HMRC impose fines on undervalued estates
Wednesday, October 10th, 2012In recent years HM Revenue & Customs challenged more than 10,000 inheritance tax valuations and imposed additional tax on many beneficiaries; but such challenges can be avoided and inheritance tax can be minimised. Leaving assets and money to loved ones in a will is, for many, a way of supporting their relatives’ futures once they
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Challenging a will
Tuesday, June 19th, 2012Losing a loved one is often difficult enough, but it can be particularly distressing where the contents of the person’s will and the way they have asked for their assets to be distributed come as a surprise to those they leave behind. Once it has become clear who will be receiving what from the person’s
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Legal services authority announces thousands of complaints against unregulated will writers
Monday, July 18th, 2011Many thousands of individuals have complained about unregulated legal service providers and the government calls for greater protection for consumers against the growing number of cowboys offering cheap wills and conveyancing. Chief of the Legal Services Ombudsman, Adam Sampson, today released his first annual report which shows that since being founded in October last year,
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