No “reasonable financial provision” after living together for 42 years

no reasonable financial provision

In the case of Thompson v Ragget & others [2018] an unmarried couple lived together for over 42 years prior to the testator’s death in 2017. This case is similar but less acrimonious than Martin v Williams [2017] , also regarding an unmarried couple, with the addition of an estranged spouse. Both cases involve claims for reasonable financial provision and present and

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Inheritance tax – Residence Nil Rate Band

HMRC - inheritance tax -residence nil rate band

The HMRC recently released data revealing that in 2018-19, it was a record year for inheritance IHT - Residence Nil Rate Bandtax receipts with a total of nearly £5.4 billion. This is an increase of £2 billion in 2017 -18. One of the factors driving this increase is the rise in the asset values, and in particular residential property. The inheritance tax nil rate band (NRB) has

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