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Law
Sir Lynton Crosby’s CT Group accused of unlawful information gathering
...Sir Lynton Crosby’s CT Group has been accused of unlawfully gathering privileged information in a legal battle in London’s High Court over a multibillion-dollar estate linked to a deceased Russian billionaire...
March 28, 2024
Inheritance
Probate delays threaten vital services, UK charities warn
...Charities have become highly dependent on bequests from estates, whose value has risen thanks to a boom in asset prices, helping them offset pressure on general donations due to the cost of living squeeze...
March 7, 2024
Law
Lynton Crosby’s CT Group accused of supplying forged records in court disputes
...The latest accusation against the former Tory election adviser’s firm was made this week by relatives of a deceased Russian billionaire as they resisted an application from his widow and daughter for a $900mn...
February 24, 2024
Edward Luce
America’s anything-goes Supreme Court
...The closest analogy to a Supreme Court whose majority follow originalism — fidelity to the alleged wishes of long-deceased men — sits in Tehran....
May 3, 2023
FT Money personal finance guides
Need to Know: A well-written will makes life easier for your family
...Under intestacy, a married partner inherits the personal property and belongings of the person who has died, up to the first £322,000 of the estate, and half of the remaining estate....
March 28, 2024
Your QuestionsLucy Warwick-Ching
Can I challenge my partner’s will?
...It is important to seek legal advice as soon as possible and to correspond with personal representatives of the deceased’s estate....
January 10, 2024
Cost of living crisis
Inflation hits UK funeral costs as prices rise for first time since pandemic
...Costing an average of £1,498, they are used in nearly one in five deaths. Funeral directors say the numbers of direct burials, when the deceased is taken straight to the burial site, have also grown....
January 15, 2024
The Big Read
Should governments tax the great boomer wealth transfer?
...It suggested they should have lower thresholds, fewer exemptions, apply to recipients rather than the deceased’s estate, and have progressive rather than flat rates....
April 15, 2024
FT Magazine
Why encountering a beached whale profoundly changes so many people
...He’s agreed to meet me at a cabin off the back of an industrial estate, but I’m late because the roads are pitch black and the cab has trouble finding the turning in the driving rain....
March 2, 2024
Your QuestionsLucy Warwick-Ching
How can I get probate to sell my property?
...Any heirs who are located will be able to take out the grant of letters of administration, at which point you can pay them the funds the estate is owed....
January 24, 2024
House & Home
The growing problem of inheritance
...This is a byproduct of testamentary freedom in England and Wales, which enables the deceased to leave their estate to anyone, says Lloyd....
March 8, 2024
Your QuestionsLucy Warwick-Ching
Should I use the travel insurance provided by my credit card?
...to act as a trustee in place of the deceased trustee....
March 27, 2024
Letter
Letter: Reduce inheritance tax and more high earners will stay in UK
...Thus the deceased’s beneficiaries will be left with £600,000 out of a total earned of £2mn, a tax rate of 70 per cent (or more depending on tax rates)....
October 2, 2023
Personal Finance
How UK inheritance tax compares internationally
...The UK is also one of only three countries, along with Denmark and the US, that tax the estates of deceased donors. Other countries tax the recipients....
September 29, 2023
Stuart Kirk
Inheritance tax debates overlook the psychology of the thing
...Better yet, only about 2,500 estates would have to pay. Indeed, just 370 of the largest US estates accounted for $11bn of the $18bn raised in 2021....
September 30, 2023
UK social housing
Councils in England call for more powers to deal with empty homes
...In the north of England, the West Yorkshire borough of Calderdale near Leeds has teamed up with genealogists Fraser & Fraser to locate estate executors or living relatives of the deceased owners of properties...
January 10, 2024
Special ReportCircular Economy
Families seek green alternatives to traditional funerals
...Mardall says families choose green funerals because of the better environmental legacy and because they may better reflect how the deceased person lived....
November 29, 2023
Your QuestionsLucy Warwick-Ching
What can I do to protect my digital files after death?
...If the value of her estate is over the threshold, she may prefer to gift her interest in the property to you, in essence giving it away rather than paying the tax after death....
July 18, 2023
Your QuestionsLucy Warwick-Ching
Where can I set up a trust bank account for my children?
...In general, liabilities are deducted from assets to calculate the value of an estate for IHT on death, but if a debt is owed to somebody who has received property from the deceased in the past, then that...
July 5, 2023
Your QuestionsLucy Warwick-Ching
How can we avoid double taxation and UK inheritance tax?
...For many, the thought of legal challenge when dealing with a bereavement may seem unconscionable; but unfortunately it is usually the only way to attempt to receive something from the deceased’s estate....
February 28, 2023
FT SeriesIcons only – the HTSI autumn arts special 2023
What happens when an arts icon dies?
...In it, after the death of an eccentric collector, her protagonist is put in charge of the deceased’s museum of things, and safeguards his legacy....
September 22, 2023
Inheritance
Probate delays hit claims for share loss relief on inheritance tax
...When someone dies, inheritance tax on their estate is calculated using its value on the date of death....
February 8, 2023
Stephen Bush
Roald Dahl and the giant problem with intellectual property
...But many fans of Dahl’s (myself included) would prefer that the deceased author have the last word....
February 28, 2023
The Week Ahead
China to update on economy and Spain goes to the polls
...Monday Dyson lawsuit: London’s High Court to decide jurisdiction for a case involving Dyson, relating to 23 migrant workers and the estate of one deceased worker at a factory in Johor, Malaysia, operated...
July 16, 2023
Your QuestionsLucy Warwick-Ching
Will I have to sell my home to pay an IHT bill?
...Ian Dyall, estate planning specialist at wealth manager Evelyn Partners, says that any gifts made by a deceased person are declared by their executors on the IHT403 form, so HMRC can assess whether any inheritance...
January 10, 2023

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