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

The satisfaction of completing tasks on our "to do" list never disappoints. Whether it's completing the Christmas shopping, scheduling an MOT, or booking a haircut—crossing off each task brings a sense of accomplishment. Has reviewing your Will been on your list for some time, but you never seem to get it ticked off? Here are four compelling reasons to prioritise this task:

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.