Kings Court Trust is an award-winning probate and estate administration provider that support families at the difficult time of losing a loved one. Our tax and legal teams have the expertise to advise on any situation. We are committed to offering families a great service for a fair price which is why we work on a fixed fee basis so they know exactly what our service will cost from the outset.
Figures released by HMRC today show that they collected a record £4.7 billion in Inheritance Tax (IHT) payments during 2015/16 - a massive 22% increase on last year’s figures. The country’s IHT bill is the highest since the introduction of the current taxation system 30 years ago.
We all take care of things that we treasure; we keep our money in the bank and jewels or other valuables in a safe or strongbox - so if you think about it, it makes perfect sense to store your Will in a secure and safe location as well.
When it comes to dealing with the next steps following bereavement, we know that families value our personal approach. This is why we always offer a meeting at their convenience with a trusted adviser to talk through what needs to be done and offer practical and empathetic support.
When a family loses a loved one, there are likely to be many things going through their mind. In many cases, one of the biggest concerns is that they are unaware of what practical steps they need to take in order to deal with the estate.
Estate administration (sometimes referred to as Probate or Confirmation in Scotland) is the process of dealing with a person’s legal and tax affairs after they’ve died.
It is estimated that around two thirds of the British public do not have a Will. If they die without making one, they are said to be dying ‘intestate’, meaning that the Crown will decide how their estate will be divided up.
Following a bereavement, there are a number of tasks that need to be considered and completed. This can make an already difficult time even more stressful.
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