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...This is a byproduct of testamentary freedom in England and Wales, which enables the deceased to leave their estate to anyone, says Lloyd....
...The Wall Street bank agreed to a $290mn settlement with accusers of the deceased paedophile Jeffrey Epstein last month....
...These are free of inheritance tax if held for more than two years. More recently the rules changed to allow a surviving spouse to inherit the Isa of a deceased partner....
...Experts say several factors have driven a surge in people blocking probate — the process in England and Wales of validating a will and confirming who has the right to manage a deceased person’s estate....
...And it doesn’t help that the estate that controls Prince’s music refused to let the film-makers include her powerful 1990 cover of his ballad “Nothing Compares 2 U”....
...A set of bleached Jeanneret chairs, a 17th-century marble sink and Allie’s pink-rose bushes, carefully preserved in the renovation, add to the sense of tranquillity....
...Thomas Horner, probate clerk at Winckworth Sherwood, says probate is the general term used for the process that must be followed in the event of a death, to gather in the assets of the deceased and distribute...
...But the number of cases reaching the High Court rose from 98 in 2012 to 164 in 2015....
...The Inheritance Act of 1975 enables claims to be made by those connected to the deceased who have not received “reasonable financial provision” from the estate of the deceased....
...The number of estates subjected to IHT in 2011-12 – the most recent data published – rose by 2.5 per cent year-on-year to 15,976. This represented barely 3 per cent of all deaths in that year....
...Under this rule, any unused IHT allowance from a deceased spouse can be used by their surviving partner when they pass on assets, effectively taking estates valued at up to £650,000 out of the IHT bracket...
...(WSJ) The SEC “is seeking up to $750 million in sanctions from Texas entrepreneur Sam Wyly and the estate of his deceased brother, Charles Wyly....
...For the people of Newtown, Sunday was about mourning the deceased of Friday’s school shooting and pondering how and why such a tragedy had hit their quiet corner of Connecticut. “What can I say?...
...While it may seem crass to talk of a deceased person’s profit-making potential, the Princess of Wales was herself acutely aware of her commercial value....
...The company, which is based in Bermuda, has faced shareholder rebellions in the past over compensation paid to the estates of deceased executives and executive pay....
...Ms Monroe, born Norma Jeane Mortenson in 1926, rose to stardom as an American model, actress and singer. She died in 1962 from an overdose of barbiturates....
...The majority of funerals are paid out of the estate of the deceased and thus should be relatively immune from a desire to limit spending....
...He says house prices rose 142 per cent between 1997 and 2006 compared with an increase in the IHT threshold of just 28 per cent....
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