SKI’ing (Spending the Kids Inheritance)

SKI’ing (Spending the Kids Inheritance)

Matthew Barrand Blog, Inheritance

What’s stopping clients adopting wealth transfer strategies? It might be that they’d rather spend it on themselves or put it aside in case they need it for the future, but if they do want to transfer their wealth, the older generation could be missing out on significant opportunities to help the generations that follow. A recent consumer research report asks …

When to apply for a Grant of Representation

Matthew Barrand Inheritance

In the latest Trusts and Estates Newsletter, HMRC has warned against applying too early for a Grant of Representation, in order to avoid delays. A Grant of Representation includes both a Grant of Probate (where the deceased had a valid will) and Letters of Administration (where there is not a valid will). The process is known as ‘confirmation’ in Scotland. …