A beautician who was left nothing in her father’s £300,000 ‘DIY will’ while her ‘disappointing’ identical twin sister and other siblings shared the lot has won a court fight to pocket the money. Terri Tibbles, 40, had been close to her car dealer father William Tibbles, from Tilbury, Essex, expecting to inherit his entire estate … Read more
A straight man has revealed how he married his gay best friend to avoid a hefty inheritance tax bill, and inists his late husband would be ‘proud’ of new documentary about their tale of tax dodging. Father-of-three Michael O’Sullivan, 60, tied the knot with former butler Matt Murphy, 85, in December 2017. Matt asked his … Read more
A straight man has revealed how he married his gay best friend to avoid a hefty inheritance tax bill, and inists his late husband would be ‘proud’ of new documentary about their story of tax dodging. Father-of-three Michael O’Sullivan, 60, tied the knot with former butler Matt Murphy, 85, in December 2017. Matt asked his … Read more
The last King of Two Sicilies was Francis II, who was overthrown in 1860 and spent the remainder of his life in exile The Royal House of Bourbon Two Sicilies is an ancient branch of the Spanish royal family which ruled parts of southern Italy for more than 100 years from 1734 to 1861. Its … Read more
Danger of will disputes growing as nearly half of elderly parents plan to split their wealth unequally between children in their will Only 55% of parents plan to dish out inheritance equally to children 40% of adult children or relatives said they would take steps to boost their share Only around 20% of people have … Read more
My father has had Parkinson’s for the last 10 years but it has only recently got debilitating. My brother and his wife moved down to be close to him and ended up moving in with him. My dad has recently written a will in which my brother and myself are left equal shares of his … Read more
Savers in ill health who move pensions have less cause to fear inheritance tax after Supreme Court ruling Many savers have transferred out of safe and generous final salary pensions This can bring inheritance benefits, but there is a tax risk if you die soon after Supreme Court ruling is good news for savers, says … Read more
The amount of money raised from inheritance tax fell for the first time in a decade last year, new figures from HM Revenue and Customs have revealed. The amount of cash raked in from the death tax slumped £223million, or 4 per cent, in the 2019-20 tax year, but the charges still bolstered the Treasury’s … Read more
Parents secretly plan to leave a FAR bigger inheritance to their children than they expect is in store and just one in five families discuss plans People anticipate an inheritance of £78,000 on average from their parents Parents say they intend to pass on £124,000 on average Just a fifth of UK adults discuss inheritance … Read more
On the ball: Jonathan Davies has invested in property Former rugby star Jonathan Davies would abolish inheritance tax if he were made Chancellor of the Exchequer. Davies was a schoolboy when his father died from cancer and later he lost his first wife, Karen, to the disease when his youngest child was only a year … Read more