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inheritance

Expert advice is key in estate administration

Inheritance Tax (IHT) is a complicated area and the HMRC are tightening up their investigations. IHT is a tax on the property, money and possessions of someone who’s died but there are payments, reliefs and exemptions…

Law changes if you die without a Will

Law changes if you die without a Will

Changes to the amount that your spouse or civil partner may receive on your death from your estate if you die without a Will will kick in from next month. Amendments to the law, which come into effect from February…

new will

New decade, new year, new focus, new Will?

The start of a new year often sees people set new health, fitness, work and lifestyle goals. 2020, and the start of a new decade, is a great time to ensure your personal affairs are in order, including making a…

inheritance

Can I give money away to avoid inheritance tax?

Depending on the size of your estate, a large proportion of it may be payable to HMRC in inheritance tax when you pass away. On your death, you will have a nil rate band sum of money which is tax free on your death…

power of attorney

Protect yourself with professional advice for LPAs

Sensible planning for the future through professional advice means you can have peace of mind should the worst happen, says Wake Smith Solicitors’ Private Client director Suzanne Porter. A Lasting Power of Attorney…

Wake Smith shortlisted twice in Yorkshire Lawyer Awards

Wake Smith shortlisted twice in Yorkshire Lawyer Awards

Sheffield’s Wake Smith Solicitors has been shortlisted twice in the Yorkshire Legal Awards 2019. The firm, which has serviced the legal requirements of individuals and companies across the Sheffield City Region…