Currently, if your estate is worth more than £325,000, the executors of your Will may have to pay inheritance tax at 40%. A way of reducing this bill is to leave 10% or more of your estate to charity as you may then qualify for a reduced rate of inheritance tax (36% rather than 40%) giving you more control over your own money.
I have used Buchanan & Co to finalise my divorce, they are very helpful & professional. I must make a special mention about Julia Gibbons, who has provided me with expert help & has always been on hand to answer any questions I had. I can't recommend Buchanans enough!
Tom P
We speak the same language as the charities we represent and we understand how crucial our advice is to our clients. Buchanan & Co are in the top 10% supporting Solicitors in the country and not only can offer the CRUK FREE Will service, but also a ‘grant’ towards the cost of preparing Lasting Powers of Attorneys, all courtesy of CRUK. To get more details, contact us via our enquiry page
Philip Collins, Partner at Winckworth Sherwood, said that it “isn’t at all surprising” that there has been a rise in contested probate claims. He said: “We know that significant amounts of wealth, often tied up in property, is currently being passed down to younger generations. Inherited wealth is becoming increasingly important and can often […]
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