watersrule solicitors blog

New research from Prudential has revealed that financial advisers are forecasting a sharp rise in demand for inheritance tax (IHT) advice.

In a recent interesting case from Canada, a man has been told that he is not entitled to any inheritance from his grandmother’s estate because he was born ‘out of wedlock’, the Toronto Star reports.

New research into gifting behaviour has found that parents want to give away early inheritance gifts to help their children financially now rather than making them wait.

The UK Government has recently announced that it will no longer be progressing plans to increase probate fees in England and Wales.

Having an open conversation about estate planning is still proving difficult for many people, according to new research from Canada by BMO Financial Group.

Charity consortium Remember A Charity has called on the UK Government to do more to encourage legacy giving by making the cost of writing a will containing a charitable bequest exempt from VAT.

The Charities Aid Foundation (CAF) has been left a book of rare autographs as part of a generous legacy. CAF works with more than 50,000 charities and helps 250,000 people give to good causes.

A charity has launched a new campaign highlighting the importance of people officially recording their medical care and treatment wishes in case injury or illness leaves them unable to make these decisions for themselves in future.

Recent research from the United States has found that only 42% of adults have estate planning documents such as a will or living trust in place. The percentage is even lower among those with children under age 18 (36%).

According to a recent report by USA Today, only around 1% of senior citizens in China have written a will or conducted some other form of inheritance planning exercise, which is beginning to cause problems regarding the transfer of wealth.