Following the budget in October 2024, a number of changes were made, which will affect many people in relation to Inheritance Tax. The Government have frozen the Inheritance Tax Nil Rate Band at £325,000 and the Residence nil Rate Band at...
Our Private Client and Litigation departments work closely together to be able to offer effective solutions and practical advice on the many issues that arise under the Inheritance (Provision for Family and Dependants) Act 1975 to personal representatives, beneficiaries and potential claimants. We can lead you through the process step by step and give advice upon:
- Does the Applicant meet the criteria to be entitled to make a claim?
- Favoured Applicants - Spouses and Partners
- The Adult Child and other problem areas
- Tax Considerations
- Remedies
We can also give practical and helpful advice on the conduct of the claim to comply with best practice and pre-action behaviour. The Pre-Action Protocols impose a clear duty upon all parties contemplating litigation to consider alternative dispute resolution. Examples of this can be:
- Discussion and negotiation
- Early Neutral Evaluation by an independent third party
- Mediation - a facilitated negotiation assisted by an independent neutral third party.