Inheritance tax: how will the tax bill actually be paid?
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marketing@bussmurton.co.uk
Most discussions about inheritance tax focus on thresholds, reliefs and how much tax might be due. What is often overlooked is the practical question of how that tax liability will actually be paid. Ed Walter explores the inheritance tax payment rules, including instalment options, cash flow challenges and why planning ahead can help families avoid difficulties in the future.
Buying and Selling Property Isn’t Always ‘Simple’: Three Recent Client Questions.
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marketing@bussmurton.co.uk
From retirement property charges and SDLT to the tax implications of holiday lets, Kerry Carter answers three common property questions and highlights key issues buyers and sellers should consider.
Why You Should Put a Lasting Power of Attorney in Place Early
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marketing@bussmurton.co.uk
A Lasting Power of Attorney (LPA) helps ensure that someone you trust can make decisions on your behalf if you are ever unable to do so yourself. This article explains why LPAs matter, common misconceptions, and the practical steps you can take to protect your future wishes.
A Happy Second Marriage – But What Happens When One of You Dies?
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marketing@bussmurton.co.uk
Many couples entering a second marriage assume their spouse will automatically inherit everything if they die. However, the reality can be far more complex, particularly where adult children, blended families and outdated Wills are involved. This article explores the risks of intestacy and why reviewing your estate planning after marriage is essential.
Naming Non-professionals as Executors in Your Will: What to Consider
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marketing@bussmurton.co.uk
Choosing the right executor is an important part of making a Will. From family dynamics to inheritance tax considerations, this article explores the key factors to consider when appointing family members or friends as executors.
Buss Murton Law announces two new Partners
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marketing@bussmurton.co.uk
Buss Murton Law has promoted Jonathan Manser and Sohret Haffenden to Partner, recognising their contribution to the firm and expertise in delivering high-quality legal advice.
Lasting Power of Attorney for Care Homes
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marketing@bussmurton.co.uk
A practical guide to Lasting Powers of Attorney in care homes, including decision-making, legal authority, and how to support families.
Thinking about handling probate yourself? A quick word of caution.
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nat_B0m
It’s completely understandable to look at DIY probate as a way to keep costs down. In some cases it can work well — but there are areas where things can easily become complicated, and mistakes can be costly. One issue we see more often than you might expect is missing out on valuable inheritance tax […]
Transferring Property to Beneficiaries: Can I Do It Now?
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nat_B0m
There is a common misconception that in an attempt to limit the inheritance tax (IHT) due on an estate, the homeowner can transfer property into the names of their future beneficiaries whilst they are still alive and continue living there. However, this does not have the desired outcome and may instead increase the tax due […]
To instruct a Solicitor or not instruct a Solicitor – Probate woes? Quick answer? Instruct a Solicitor.
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nat_B0m
Most lay-Executors will feel like seasoned professionals after enduring the administration of an estate. As a Wills and Probate professional myself, who has met clients who have ‘endured’ the administration of an estate and applying for Grant of Probate, it’s interesting to ask the question – “did you consider instructing a solicitor to assist?” Whether […]