Product Description

Planning how to pass your estate on doesn’t have to mean complications, legal jargon and huge bills. Wills, Probate and Inheritance Tax For Dummies, 2nd Edition takes you through the process step–by–step and gives you all the information you need to ensure that your affairs are left in good order. It shows you how to plan and write your will, minimise the stress of probate, and ensure that your nearest and dearest are protected from a large inheritance tax bill.

Discover how to: 

• Decide if a will is right for you
• Value your assets
• Leave your home through a will
• Appoint executors and trustees
• Choose beneficiaries
• Draw up a DIY will
• Work out how inheritance tax works and if you’re liable to it
• Find out what can and can’t be taxed
  

Product Details

• Amazon Sales Rank: #165982 in Books
• Published on: 2008-04-04
• Original language: English
• Number of items: 1
• Binding: Paperback
• 330 pages

Review
"...covers all aspects of writing a will and keeping it up to date. It also discusses the confirmation process – the Scottish equivalent of a probate, the task of administering someone′s will – and gives advice on planning for inheritance tax, with tips on ways to reduce the burden." (The Scotsman, 20th August 2005)

"...it cuts through the legal jargon and gives practical advice on planning for inheritance tax, with tips on ways to reduce it." (What Investment? 1st September 2005)

"...the easiest route to peace of mind for anyone concerned about the future of their estate..." (New Vistas, Dec 05)

Review
"...covers all aspects of writing a will...and gives advice on planning for inheritance tax..." (The Scotsman, 20th August 2005)

"...cuts through the legal jargon and gives practical advice on planning for inheritance tax...(What Investment? 1st September 2005)

"...the easiest route to peace of mind for anyone concerned about the future of their estate..." (New Vistas, Dec 05)

From the Back Cover

Includes advice on how to write your own will

Get your financial affairs in order and minimise inheritance tax

Planning and writing your own will doesn′t have to be a nightmare of expense and confusion. This jargon–free book gives you all the information you need to write a legally binding will and organise your estate properly. Covering all angles of inheritance, from taking care of your own affairs to administering probate for the first time, this reassuring guide helps you to minimise stress and keep your family′s tax bill down.

Discover how to:

• Help your family pay less inheritance tax

• Make the right probate choices

• Set up a trust for your children

• Troubleshoot and change your will

• Decide when you need to call an expert

Customer Reviews

EVERYTHING YOU NEED TO KNOW
This is the best and most informative book in these three fields. I bought this along with the which?guide and this is far better. I am currently taking an estate through probate and this book is proving invaluable.
I only knew a little about probate and found this easy to use informative guide both accessible and written in plain English.

LIMITED CONTENT
This book is written in a jazzy journalistic style but the content itself is limited. I am particularly concerned that there mistakes in the inheritance tax examples concerning the transfer of the unused part of a nil rate band to the surviving spouse. If you are looking for a book which clearly explains how to obtain grant of probate and administer an estate, there are better books out there such as 'A Step-by-Step Guide to Wills and Probate'.

Very clear and easy to follow
I'm really impressed that someone has taken such a daunting and legal subject and managed to explain it in a way that anyone can understand. Whether you're writing your own will, or sorting out the affairs of someone else, I don't think you could find a clearer book on the subject.