Latest News with wills tag

New UK Probate sliding scale – 58% of Brits to pay nothing

3rd March 2017

The UK Government this week announced changes to the way that “probate” is charged, with a new sliding scale coming in from April 2017 to replace the old flat fee system. And if you’re one of the 58% of the UK population with an estate to pass on that’s worth less than £50,000, probate won’t […]

The Lesson We Can Learn From 2016’s Celebrity Deaths

22nd January 2017

2016 was the Year of the Reaper as far as celebrities were concerned. We lost hosts of actors, musicians and artists at the top of their game. Many of the departed had made sure their vast fortunes would be passed on as they would have wished – like UK singer George Michael (whose sister is […]

Holborn Assets Reviews – UAE Shows it is Taking Expat Wills Seriously

12th October 2016

Official UAE Property Will Portal goes Live September 2016 There’s a new way to ace UAE inheritance laws in the event of your death. A “Property Will Portal” went live online on the 6th September 2016, courtesy of the DIFC Wills and Probate Registry (W&PR). And with this powerful new piece of administration, an expat […]

What’s New for UK Inheritance Tax?

25th April 2016

The law on UK Inheritance Tax (IHT) changes in 2017. The government is introducing a new tax allowance called a ‘transferable (or additional) main residence nil-rate band (RNRB)’ on top of the existing ‘general’ inheritance tax nil-rate band. As from 6th April 2017, UK homeowners will enjoy an extra £100,000 free from Inheritance Tax – […]

Holborn Assets: 4 Differences Between Wills and Trusts

27th November 2015

People often get confused when it comes to Wills and Trusts.  Although you may be aware that both are useful and can collaborate together to execute and complete an estate plan – they serve two different purposes. Below, we have compiled a quick list of key differences between the two: A Will goes into effect […]

Holborn Assets Reviews: 5 Financial Emergencies

17th November 2015

Life has the habit of twisting and turning when you least expect it.  One moment you may be financially secure, the next you find yourself struggling to stay afloat.  Having a cushion of fall back money can help you when life inevitably throws those surprise curve balls.  Holborn Assets looks into 5 possible situations you might […]

10 Things You Should Know About Wills in the UK

10th August 2015

A Will is an essential document.  We take a closer look at what a Will actually does and why it matters so much: – You are eligible to draw up a Will as soon as you turn 18 years of age (applicable in the UK). – If you die intestate (without a Will), the state will […]

Do you Need Life Insurance?

21st July 2015

The primary purpose of life insurance is to pay money to named beneficiaries, such as your spouse or children, in case of your death.  There are many different types of life insurance and other products which combine the life insurance concept with services such as investing or lending.  Rather than going into details about the […]

How to Make or Update a Will

9th April 2015

A Will (sometimes also called Last Will and Testament) is a legal document where a person (called Testator) formulates wishes concerning the management and distribution of his or her estate after death. Although it mainly applies to material possessions, a Will can also cover other issues, such as selecting a guardian to one’s children. Why […]

Why Expats Need to Think About Wills

18th March 2015

British Expat working abroad without a Will? Protect your family, savings and investments for total peace of mind. Why expats need a Will If you’re an expat living in a foreign country and die without a valid Will there could be severe consequences There may be difficulty unfreezing bank accounts and other assets There may be conflict […]

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