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How to Avoid Inheritance Tax on a Property
Some estates are subject to inheritance tax (IHT) when they are passed on. This means the deceased’s assets’ value is above the tax-free threshold. This…
Should I Sell My House To Pay Off Debt?
Your home is often your most valuable asset, selling it can be an effective way of paying off debts that are giving you sleepless nights.…
Can I Sell My House Before Divorce?
Every divorce is different and how assets such as a home are shared out will depend on your specific circumstances. A property is often a…
Stamp Duty On Inherited Property: A Guide
You do not have to pay stamp duty on a property you inherit. However, it becomes a consideration when you decide what to do with…
Capital Gains Tax On Inheritance
When you inherit a property you may have to pay tax. Do you need to pay capital gain tax on an inherited property visit? Learn more here.
Splitting Inherited Property Between Siblings (UK)
When siblings inherit a property, the best case scenario is that they agree on what to do next. Unfortunately differences of opinion are common. Read…
IVA Vs Bankruptcy: What’s Best For You?
An individual voluntary agreement (IVA) and bankruptcy are both ways you can clear some or all of your debt. Because they are forms of insolvency,…
IVA vs. DMP: Which Debt Solution Should You Choose?
When you’re in a tricky financial situation there are several options available that might help. Two of the most popular are an individual voluntary arrangement…
Secured vs. Unsecured Loan: What’s the Difference?
When you take out a loan it will either be secured or unsecured. Understanding the difference between each type is crucial. Read on to learn…