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Keeping the peace at Christmas – top tips for shared parenting over the festive season
Lauren Evans
We blogged recently about the impending stealth tax the government plans to introduce and you will have seen the news stories about delays at probate registries due to IT issues. So, what is the update? Nothing. The probate fees order is still waiting for the final stages to bring it into law and probate registries are still battling with their backlogs.
Whether you are in the market for short-term profit or making long-term investments, adequate planning is certainly a worthwhile (and small) investment of your time and money. If you’ve been savyy enough to successfully invest in crypto-assets, make sure you are smart enough to ensure your loved ones can benefit, should the worst happen.
Both the Guardian and the Independent carried articles earlier this week centred on the statistic that the average rate of Inheritance tax (IHT) paid on the deaths of the very wealthy is 10% while the average rate on more 'modest' estates of between £2 million and £3 million was 20%.
Sometimes it is unknown whether somebody has a registered lasting power of attorney (LPA), an enduring power of attorney (EPA) or whether they have a court appointed deputy. The Office of the Public Guardian (the OPG) has a legal duty to maintain registers of LPAs, EPAs and court orders appointing deputies.
The new probate fee structure, which was set to be introduced in April has been delayed due to the time demands of on-going Brexit discussions in Parliament; we’ve blogged previously about the Government’s introduction of a new ‘ stealth tax’ here.
Lauren Evans
Roberta Draper
Christopher Perrin
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