Ashfords Solicitors - Trusts & Estates

Changes to IHT & CGT

The Chancellor announced yesterday in his pre-budget statement that the Inheritance Tax allowance has been doubled for couples and civil partners to £600,000 with immediate effect.

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Inheritance Tax Can Still Damage Your Wealth

Inheritance Tax (IHT) is a tax on gifts you make during your lifetime or on death. However, whether IHT is or may become payable depends upon the tax regime in place at the time.

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Equity Release Schemes Do Work!

A Mid Devon solicitor is concerned that recently reported criticisms of equity release schemes -- which allow people to unlock money otherwise tied up in the value of their property -- are not only misleading but also alarming many West Country people who might well benefit.

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Budget 2006 - Inheritance Tax

INHERITANCE TAX - TAXATION OF TRUSTS

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A Purchase in Joint Names

It is commonplace for property to be owned by more than one person and most married couples buy their house jointly and have joint bank or building society accounts.

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