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Wealth Management Newsletter
February 2012
In this issue:
Deathbed wills and marriages
House prices and Inheritance Tax
Wills on the cheap

Many wills are made by persons who are terminally ill; nothing emphasises the need to put one’s affairs in order more than the imminence of death. Death-bed marriages - most usually to a long-term partner - are similarly common, so as to be able to claim the Inheritance tax spouse exemption.

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As a nation, it’s fair to say we’re obsessed with house prices. Much has been made in the press and, indeed, in the House of Commons, of the failure of the Inheritance Tax (IHT) nil rate band to keep pace with increases in the value of the average family home, so that more and more estates are falling into the IHT trap.

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Wills can now be produced by a variety of means: you can do-it-yourself, use Will Writers or employ a solicitors. But what are the benefits of each method and, more importantly, what are the risks?

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