Tag: probate

International Services

Sherrards solicitors have a long history of advising international clients. Our Private Wealth department advise both UK and non-UK domiciled individuals on all aspects of lifetime wealth and succession planning and inheritance tax structuring. This includes the preparation of tailored Wills & Lasting Powers of Attorney, establishing Trust & other structures, establishing charitable organisations & …

Probate & Estate Administration

Having to manage the assets and estate of a loved one upon their death is a difficult task. The process of probate and estate administration can be complex, as it involves the collection of outstanding funds, settlement of debts and distribution of the estate to the beneficiaries stated in the Will of the deceased. Whether …

Warning: Probate fees increase

A controversial increase in probate application fees has moved a step closer to being introduced, after being narrowly approved at a parliamentary committee hearing earlier this month. The fee, which is currently £155 when using a solicitor and £215 when people apply directly, will now be applied on a sliding scale according to the value …

Business Property Relief (BPR)

What is BPR? BPR is a relief from inheritance tax (IHT). The primary purpose of BPR is to prevent the break up of businesses upon death due to the IHT charge which would ordinarily apply if the relief was not available. This allows family businesses to pass down through generations with little disruption. If certain …