When a Will becomes public A Will only becomes a public document if a grant of probate is required. This is usually dependent on the size of the estate at the time of the testator’s death. In applying for probate, the executors will send the original Will of the deceased to the Probate Registry. Once...

We have assumed that: The individual is domiciled in the UK and the shares in the company are UK situs property, and The individual does not pay full market rent for the occupation of the property The reservation of benefit treatment of a disposition for inheritance tax (IHT) purposes arises, by virtue of section 102(3) of the...

Does an executor with power reserved to them have a liability to pay inheritance tax on an estate or is this the sole responsibility of the proving executor? Where an executor has had power reserved, they should not be performing the actions of an executor in relation to the estate. If they wish to take...

Individuals can create a memorandum of digital assets with emails, usernames and passwords and store a copy of the memorandum with the Will or Lasting Power of Attorney (LPA). However, even if Attorneys or personal representatives have express power to deal with a digital asset and are aware of usernames and passwords, they should not...