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How will inheritance tax affect your loved ones?

Inheritance tax guide
To be eligible for inheritance tax, a single person needs to leave behind £325,000, for married couples or civil partnerships the threshold is £650,000. If you are passing on your home, you receive an extra £100,000 individual allowance, bringing the limits to £425,000 and £850,000 be
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Review of 2017

As we welcome in 2018 we take a look back at the news and information Flackwoods bought you in 2017. This ranged from Wills and Power of Attorney to passing on the family business and inheritance tax. Wills Here at Flackwoods we advise and write Wills for many of our clients. We recom
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Inheritance Tax and Your Home; The New Residence Nil-Rate Band

Did you know that according to figures from HMRC in 2014/15 there were 5,600 estates in the South East which were required to pay Inheritance Tax? The value of the Inheritance Tax payable by these estates totalled a massive £1032 million. However, the Government did review Inheritance
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Estate Planning and Care of the Elderly

Care of the elderly
Did you know by 2040 one in four people will be aged over 65 according to a report from Age UK? With an aging population, a stretched NHS and cash-strapped councils it is increasingly difficult to provide the care required for our elderly. NHS Digital has estimated nursing home costs
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