The nil rate band explained
What is the nil rate band and how much is it? If you have an inheritance to pass on, you can pass on assets up to the value of the nil rate band without incurring tax. The nil rate band is currently £325,000 and it will
What inheritance tax needs to be paid when someone dies?
When someone dies, the general rule of thumb is that their estate is passed on to their chosen beneficiaries. A Will should name the beneficiaries and should also name an Executor – a person who the deceased has entrusted to ensure that their wishes are