Tag: nil rate band

We always stress to clients the importance of making a will. This is not only so that assets are left to beneficiaries of one’s own choosing, but also so that other important instructions can be carried out, such as who will administer the estate, who will act as guardian to

These may seem odd bedfellows but there is much that can be done to significantly reduce the tax burden, both now and in the future. Obtaining probate can be a mechanical exercise to obtain control over the deceased’s estate but opportunities exist that are often lost. By Michael Brooke Nil