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Tracey Abercromby

What is a Statutory Will?

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When an individual lacks the necessary mental capacity to make a Will for themselves, it is possible that a Statutory Will can be made for them. A Statutory Will looks and works very much like a regular Will. Under the Mental Capacity Act...

How making lifetime gifts can affect your inheritance tax bill.

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People sometimes like to make cash gifts to family or friends during their lifetime. This could be for a variety of reasons and whilst their generosity is appreciated, the person may not realise if the gift is made within seven years of their death...