Study Gives Insight into Views on Inheritance
A recent study from Canada has given an interesting insight into the older generation’s views on spending all their money verses leaving an inheritance for their children. According to the study, which was conducted by HomEquity Bank and Ipsos Canada, 86% of respondents said they are unwilling to forgo doing, achieving or acquiring something in […]
Nation Acquires Another Painting through Acceptance in Lieu Scheme
A major full-length portrait by Sir Joshua Reynolds of the 5th Earl of Carlisle has been accepted in lieu of inheritance tax for the nation. The Acceptance in Lieu (AIL) scheme is administered by Arts Council England, and enables taxpayers to pay inheritance tax by transferring important works of art and other important heritage objects […]
The Importance of Writing a Will
A recent survey by the Law Society of Scotland found that as many as 57% of adults in Scotland do not have a legally valid will. This is a surprisingly high figure, because having an up-to-date a will is one of the most effective ways to ensure that your estate is distributed in accordance with […]
