Residence nil rate band increase
Posted By: Cathy Warnock
With the start of the new tax year 2019/2020 comes an increase in the amount of residence nil rate band which is available, increasing to £150,000 per person. The residence nil rate band is an additional allowance available in respect of inheritance tax first introduced in 2017. It can be av...
Posted By: Cathy Warnock
Northern Ireland Hospice During the month of March 2019 we will be taking part in the NORTHERN IRELAND HOSPICE “Make a Will Month”. For those who wish to participate in the scheme we will be waiving our professional fee in relation to writing a basic Will, a pair of Wills or a codicil...
Posted By: Cathy Warnock
Will Aid is a partnership between solicitors and nine well known charities which include NSPCC, British Red Cross, Trocaire and AgeUK. Clients who wish to make straightforward wills can do so with us - we waive our fee and ask clients to make a donation to Will Aid in lieu of the usual payment to...
How can I reduce Inheritance Tax?
Posted By: Cathy Warnock
Few people want their estate to have to pay Inheritance Tax on the value of their assets. There are a number of basic steps which anyone can take to reduce the amount which might have to be paid. Gifts made within seven years of your death generally do not reduce your estate for Inheritance Tax...
Posted By: Cathy Warnock
Many people do not realise that they own their house under a long term lease which lists various matters which they must or must not do. A long lease (in the region of 900 years) is a common means of ownership in established urban properties and whilst you do of course own the house there are condit...
Northern Ireland Hospice Make a Will Month
Posted By: Cathy Warnock
During the month of March 2018 we will be taking part in the NORTHERN IRELAND HOSPICE “Make a Will Month”. For those who wish to participate in the scheme we will be waiving our professional fee in relation to writing a basic Will, a pair of Wills or a codicil and clients will make a...
Two thirds of people in Northern Ireland have no will
Posted By: Cathy Warnock
Research by the charity fundraising organisation Will Aid, carried out across the UK, has found that 64% of adults in Northern Ireland have not made a will. You may think that this is not important to plan for the future in this way or you may find it difficult to find time in a busy schedule fu...
