http://www.wilson-nesbitt.com/articles/ Wilson Nesbitt Solicitors - Estate Administration News RSS feed en-gb email@wilson-nesbitt.co.uk info@flamegreen.com 30 http://www.wilson-nesbitt.com/articles/852/09072008/labour_mp_blames_lack_of_support_for_failure_of_inheritance_tax_amendment.html A Labour MP's proposal that siblings should be entitled to the same inheritance tax break as a married couple has been discarded.The Guardian reports that Frank Field's suggested amendment to the finance bill, which would have meant relatives who have resided together for more than ten... Wed, 9 Jul 2008 13:00:00 BST http://www.wilson-nesbitt.com/articles/828/20062008/civil_partnership_split_warning.html People considering entering into a civil partnership in Northern Ireland should consult solicitors and plan carefully before taking the vows, it has been advised.According to the Law Society, entering into a civil partnership invalidates any existing will so both partners will need to consult... Fri, 20 Jun 2008 13:45:00 BST http://www.wilson-nesbitt.com/articles/813/12062008/super-rich_still_hunting_for_ni_property.html The very wealthy are still on the look-out for new large luxury homes, an architect has claimed.Des Ewing said that interest in his homes is so high that he has had to stop taking bookings.He told the Belfast Telegraph: "There is tremendous confidence in the market that we are operating... Thu, 12 Jun 2008 14:01:00 BST http://www.wilson-nesbitt.com/articles/787/28052008/wills_need_to_be_regularly_reviewed.html Wills and trusts need to be regularly reviewed as the inheritance people are able to leave changes, according to the Law Society.The society claims that solicitors need to be consulted on the contents of wills regularly, particularly around a period of transition, for example when someone has to... Wed, 28 May 2008 13:57:00 BST http://www.wilson-nesbitt.com/articles/764/14052008/care_home_financial_advice_essential.html Taking financial advice about retirement and care home provision is "essential", Saga has claimed.The magazine, insurance and holidays provider for the over-50s, has welcomed Gordon Brown's review on social care issues but claims that people in this age group still need to... Wed, 14 May 2008 13:30:00 BST http://www.wilson-nesbitt.com/articles/760/13052008/having_a_will_ensures_money_passes_to_correct_inheritors.html Making a will is essential for those who want to influence what happens to their estate after they die, a financial expert has advised.David Kuo, head of finance at Fool.co.uk, said that there are a number of misunderstandings concerning estate planning and added that, contrary to popular belief,... Tue, 13 May 2008 13:56:00 BST http://www.wilson-nesbitt.com/articles/750/07052008/iht_problems_for_unmarried_couples.html Co-habiting couples who are not married or in civil partnerships are not entitled to the same inheritance tax (IHT) benefits as those who are, a firm of independent financial advisors has warned.Alex Pegley, director of Calculis, said that there is no such thing as a 'common law... Wed, 7 May 2008 13:33:00 BST http://www.wilson-nesbitt.com/articles/561/14012008/solicitors_essential_for_co-buyers.html With property prices in Belfast and Northern Ireland remaining high, many people may be tempted to buy a house with other people, but this should be entered into with caution and the help of a solicitor.First-time buyers in Belfast and Northern Ireland could find that co-buying is a good way to... Mon, 14 Jan 2008 21:15:00 GMT http://www.wilson-nesbitt.com/articles/408/11102007/widow_forced_to_settle_with_husbands_ex-wife.html Solicitors in Northern Ireland will have watched an unusual case with interest, as a woman whose husband died only hours after they married has been forced to pay £100,000 to her groom's ex-wife.Three Court of Appeal judges ruled that as Owen Soulsbury had promised his former wife,... Thu, 11 Oct 2007 12:30:00 BST http://www.wilson-nesbitt.com/articles/405/10102007/darling_pledges_inheritance_tax_cut.html Chancellor Alistair Darling has announced that inheritance tax will be cut in his first pre-Budget Report.Solicitors in Northern Ireland may see more clients looking to buy houses as the inheritance tax threshold for married couples will be doubled from £300,000 to £600,000 with... Wed, 10 Oct 2007 13:00:00 BST http://www.wilson-nesbitt.com/articles/307/07082007/clever_couples_can_avoid_high_iht.html Married couples or those in a civil partnership can help to cut inheritance tax (IHT) by writing a nil rate band discretionary trust will, Willcare has advised. Couples in Britain and Northern Ireland can write up a will that incorporates two discretionary trusts, which means that upon death the... Tue, 7 Aug 2007 11:00:00 BST http://www.wilson-nesbitt.com/articles/39/13032007/inheritance_vital_financial_support.html An increasing number of people across the UK and Northern Ireland are planning to fall back on inheritance windfalls to support them and their children, it has been claimed.Solicitors in Northern Ireland can expect to see more people making wills to ensure that their inheritance is passed on to... Tue, 13 Mar 2007 13:35:00 GMT