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Latest News

Residence Nil Rate Band (RNRB).

A new tax-free allowance was announced in the Summer Budget 2015 (the Residence Nil Rate Band) that will take effect on or after 6th April 2017.  Downsizing provisions have yet to be finalised.

There are a lot of myths and misconceptions surrounding this new allowance - please call or view our website pages (not yet updated) for further information - including:

  • everyone has a new allowance of £1M;
  • everyone can pass their home free of tax to their children

You may not get the full allowance (or double the allowance) if:

  1. your estate exceeds £2M
  2. you rent property
  3. you don't leave your property (or proceeds of sale) to the right qualifying people and in the right manner
  4. you are unmarried


Spring Budget News & The STEP Code for Will Preparation in England and Wales

Cornerstone Wills April 2014 Newsletter summarising any impact from the Sprint budget and the STEP Code for Will Preparation in England and Wales

Welcome to our April Newsletter that we email to all our clients and introducers on a monthly basis.

In this newsletter we discuss any changes from the Spring Budget and the Code for Will Preparation in England and Wales from STEP (Society of Trust & Estate Practitioners) Code for Will Preparation in England and Wales. We also give answers to our a March quiz.

Click on the link below to view the April Newsletter.