When a person dies one of the responsibilities of their personal representatives (PR) is to complete an inheritance tax return and pay any inheritance tax due (IHT). To work out how much IHT to pay, the PR must calculate the value of the estate at the date of death by adding together the assets and deducting any liabilities. When it comes to digital assets, valuing them is tricky as determining their worth is not a straightforward task.

Under English law, a testator has testamentary freedom. This means that a person making a Will is entitled to leave their estate to whomever they want. It is a fundamental right and one often confirmed in judgments by the courts in cases of dispute.

Are you from India or Pakistan and living in the UK? You may be able to take advantage of a unique estate planning opportunity available because of the unusual terms of the double tax treaty the UK has in place with each of these countries.

Wednesday marked the first Spring Budget for Chancellor Jeremy Hunt following his Autumn Statement last November. He built it around four 'Es'.

HMRC issues guidance on how trustees who don't register and properly maintain trusts may be fined