Archives for March 2017

Pre-nups – how do they stand up in UK courts?

Pre-nups – how do they stand up in UK courts? For many years, pre-nups were considered the preserve of the rich and famous – usually in America. But seven years ago, a landmark case suggested they’d finally be taken seriously by UK courts. In what’s known as the Radmacher case, judges ruled that while financial…

by Sandra Waller

7 years ago

Inheritance Tax allowances are rising – but not for everyone.

For deaths on or after 6th April 2017 an additional Inheritance Tax (IHT) allowance, called the Residence nil-rate band (RNRB) may be claimed to reduce any IHT payable. Currently a deceased estate can pass up to £325,000 to any beneficiaries before IHT becomes payable. This is the nil-rate band (NRB). Gifts to spouses or civil…

by Janine Guthrie

7 years ago