General Chat
Welcome to the Genes Reunited community boards!
- The Genes Reunited community is made up of millions of people with similar interests. Discover your family history and make life long friends along the way.
- You will find a close knit but welcoming group of keen genealogists all prepared to offer advice and help to new members.
- And it's not all serious business. The boards are often a place to relax and be entertained by all kinds of subjects.
- The Genes community will go out of their way to help you, so don’t be shy about asking for help.
Quick Search
Single word search
Icons
- New posts
- No new posts
- Thread closed
- Stickied, new posts
- Stickied, no new posts
Wills
Profile | Posted by | Options | Post Date |
---|---|---|---|
|
SueCar | Report | 2 May 2014 19:09 |
"Inheritance Tax is usually paid on an estate when somebody dies. It's also sometimes payable on trusts or gifts made during someone's lifetime. Most estates don't have to pay Inheritance Tax because they're valued at less than the threshold (£325,000 in 2014 to 15)". |
|||
Researching: |
|||
|
Karen in the desert | Report | 2 May 2014 19:04 |
|
|||
Researching: |
|||
|
+++DetEcTive+++ | Report | 2 May 2014 18:20 |
The 7 year rule relates to Gifts. You have to survive for 7 years otherwise the money (or value) is included in your Estate for Inheritance Tax purposes. |
|||
Researching: |
|||
|
Michael | Report | 2 May 2014 18:06 |
Hi again, |
|||
Researching: |
|||
|
Joeva | Report | 2 May 2014 18:04 |
|
|||
|
Shirley~I,m getting the hang of it | Report | 2 May 2014 17:45 |
We made our wills many moons ago but circumstances changed for our daughter ,ie divorce address changes etc Plus other family members had passed on so they generally needed updating |
|||
Researching: |
|||
|
+++DetEcTive+++ | Report | 2 May 2014 17:32 |
Hi Michael - presumably you are referring to your own Wills? As they are such important documents, it really would be best to obtain professional advice rather than rely on GR members. With the best 'will' in the world, we could end up misinforming you. |
|||
Researching: |
|||
|
Michael | Report | 2 May 2014 17:15 |
Hi there, |
|||
Researching: |