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Introduction to Inheritance Tax Inheritance Tax (IHT) is a legal duty payable on the estate of an individual who has died, representing a significant consideration for taxpayers in the UK. With increasing property values and complex financial portfolios, understanding IHT is crucial to effective estate planning. As of the 2023 Tax Year, estate owners and…
Introduction to Will Collar In an age where estate planning and managing assets are becoming increasingly important, the ‘will collar’ phenomenon is emerging as a relevant topic. The term refers to a new approach to legal wills, blending traditional estate planning with modern technology and evolving societal values. As individuals seek more tailored solutions for…