Kings Court Trust Blog | Industry News

New tax figures contribute to the rising cost of death

on 21-Oct-2019 11:39:43 By | Kings Court Trust |

A recent report by the Taxpayers’ Alliance projects that the government will receive £5.35 billion in Inheritance Tax from grieving relatives in the 2019 to 2020 tax year. This is the highest amount of Inheritance Tax ever collected in by the government and it’s predicted to keep growing.

The emotional stress of dealing with a bereavement

on 05-Jan-2016 09:00:00 By | Kings Court Trust |

A recent article by The Telegraph has detailed the emotional stress that dealing with the death of a loved one can cause, including the anxiety of having to deal with the taxman when it comes to Inheritance Tax (IHT).

The risk of miscalculating your Inheritance Tax - You could be branded a criminal

on 08-Dec-2015 09:00:00 By | Kings Court Trust |

Ordinary individuals inheriting assets from overseas could risk criminal charges if they miscalculate the tax owed, reports The Telegraph.

The most peculiar Will requests

on 27-Aug-2015 09:00:00 By | Kings Court Trust |

Kings Court Trust firmly believes in the benefits of having a professional help draft a Will to ensure that everybody’s final wishes are made clear and carried out accurately. Drafting a Will and carefully considering what is to happen to our finances is not the most cheery of topics, but one that should be taken very seriously.

DIY Wills "could cause family disputes" warns legal expert

on 26-Aug-2015 09:00:00 By | Kings Court Trust |

When making a Will, many people choose to use a DIY kit or online template for a variety of reasons. Research shows that 37% of us thought it would be cheaper than going through a solicitor, whilst others thought it would be quicker to do it ourselves or didn’t want a stranger knowing their business.

Ten of the strangest Wills of all time

on 25-Aug-2015 09:00:00 By | Kings Court Trust |

According to the Guardian, less than half of UK adults have drawn up a Will, which leaves more than 26 million people with no formal instructions on how their assets should be distributed after their death.

Do you fully understand the new Inheritance Tax (IHT) regulations?

on 13-Aug-2015 09:00:00 By | Kings Court Trust |

The summer Budget brought good news for those with wealth tied up in family homes as Chancellor George Osborne announced the introduction of an additional nil-rate band for a person’s main residence. However, some experts have criticised the announcement for being unnecessarily complicated and causing confusion amongst the public.

The new Inheritance Tax rules - Good news or too complicated to understand?

on 04-Aug-2015 09:00:00 By | Kings Court Trust |

The revised Inheritance Tax (IHT) rules announced by Chancellor George Osborne during the summer’s Budget speech have appeared to cause widespread confusion across much of the public.

Landmark Ilott ruling may boost demand for professional Will writing

on 29-Jul-2015 09:00:00 By | Kings Court Trust |

Following on from the recent and well publicised Ilott case, the Financial Times reports that the ruling highlights the powers at the disposal of the courts to overrule Wills.