Inheritance Archives | Newnham & Jordan Solicitors

Deeds of Variation: What are they and how can we reduce Inheritance Tax?

01/09/2021 by Angie Newnham in Legal / Wills and Power of Attorney

A Deed of Variation is a useful tool which enables your estate (by agreement) to change the contents of your Will after you have passed away. It is difficult to predict the exact value of your estate and therefore if any Inheritance Tax is payable after you die. A Deed […]

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All you need to know about Inheritance tax residence nil rate band

27/06/2017 by Angie Newnham in Wills and Power of Attorney

What is the residence nil rate band? When a person dies, inheritance tax(IHT) is being charged on their death. The inheritance tax rate is 40% based on the value of his/her assets. This 40% rate is only charged on any value above the nil rate band. The nil rate band (£325,000 […]

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All you need to know about Inheritance tax residence nil rate band

Is Confusion or Inebriation Grounds for Invalidating a will?

14/09/2012 by Angie Newnham in Wills and Power of Attorney

A recent case demonstrated that challenging a will that may have been made under undue influence can be very difficult to prove, even where confusion and even inebriation may have affected the person making the will. A Granddaughter challenged her Grand Mothers will alleging that it was made whilst under […]

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Digital Inheritance – Should You Update Your Will?

13/10/2011 by Angie Newnham in Property law / Wills and Power of Attorney

In a survey by Rackspace of 2,000 adults, almost a third of people have assets online they will include in their will and 11% have already done so. 1 in 4 people already have more than £200 of digital assets protected by passwords. A quarter said they had “special photos” […]

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Digital Inheritance – Should You Update Your Will?

People advised to ‘Establish Lasting Power of Attorney’

31/05/2011 by Angie Newnham in Wills and Power of Attorney

In a recent Daily Telegraph interview with Oliver Thomas Director of BUPA’s UK care homes, he highlighted the importance of ensuring that people have a Lasting Power of Attorney in place. This is to ensure that your finances and general welfare will be handled by someone you can trust, should […]

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Are You Sure Who Will Inherit Your Estate?

16/05/2011 by Angie Newnham in Wills and Power of Attorney

By making a valid Will you may be certain that your Estate will pass on to certain chosen beneficiaries. However, A recent case will cause concern to anyone who has a specific wish that their estate should not pass to certain people. This case involved a woman who left an estate […]

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Tag Archives: Inheritance

Deeds of Variation: What are they and how can we reduce Inheritance Tax?

All you need to know about Inheritance tax residence nil rate band

Is Confusion or Inebriation Grounds for Invalidating a will?

Digital Inheritance – Should You Update Your Will?

People advised to ‘Establish Lasting Power of Attorney’

Are You Sure Who Will Inherit Your Estate?