Q. My wife and I live in a house which is worth £1.5million, so we were pleased when the Chancellor announced that an extra amount of our estate would be free from inheritance tax on our deaths. Now one of my neighbours tells me we may not qualify for this exemption. Can you explain? A…. Read more »
Q. My wife and I are writing our wills, but have read some articles indicating that wills can be challenged in the court, so is there any point? A. Whilst it is true that some wills have been challenged in the courts, this is still quite a rare occurrence, and unless your wishes match exactly… Read more »
Q. Last week you mentioned the reduction in the amount protected if a bank goes bust from £85,000 to £75,000 from 1st January 2016. I am worried because I am currently acting as executor for my late brother, and we have to gather together all his assets from different sources into one account before distributing them… Read more »
Q. My partner is putting pressure on me to make a Will but I am reluctant as solicitors are expensive and she will get everything anyway. Am I wrong? A. If you don’t have a will when you die, your money, property and possessions will be shared out according to the law instead of your wishes. This… Read more »
