For many homeowners in London, Surrey and across England and Wales, property is owned jointly – by spouses, civil partners, co‑habiting couples, family members or friends. A common question we are asked is: what happens to the property if one of the owners dies? Julie West Solicitors private client solicitor Emma Westsmith explains.
Budget 2024: changes to inheritance tax, capital gains tax and stamp duty land tax
After much speculation in the press that there would be a complete inheritance tax overhaul especially on lifetime gifts and “loopholes”, our first female chancellor of the exchequer Rachel Reeves announced some surprising changes this afternoon. Julie West Solicitors private client solicitor Emma Westsmith explains.
Deadlines for submitting an inheritance tax return (and penalties for late submission)
When dealing with the estate of a deceased person, understanding the deadlines and penalties associated with inheritance tax returns is crucial. Specialist private client solicitor Emma Westsmith explains.
Digitisation of probate process 2024 update: delays at Probate Registry still causing problems
The Chair of the Justice Committee has just published a letter summarising the findings from an inquiry cut short by the announcement of the general election in July. The letter confirms that prior to digitisation and centralisation the probate service worked and now it does not. Emma Westsmith explains the probate process and issues to watch out for caused by Probate Registry delays.