Continue More info

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we'll assume that you are happy to receive all cookies

   

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

WATCH THIS SPACE!

What should you do with your existing Wills with the Nil Rate Band Discretionary Trust & Common Myths with Wills

Cornerstone Wills December 2014 Newsletter on what should you do with your existing Wills with the Nil Rate Band Discretionary Trust & Common Myths with Wills

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

In this newsletter we discuss your options should your existing Will contain the Nil Rate Band Discretionary Trust. We also discuss common myths with Wills.

Click on the link below to view the December Newsletter.