Man seeks to scrap 150-year-old inheritance law in court battle with sister over mother’s estate

A brother is fighting a bitter £325,000 High Court test case against his sister in a bid to scrap a 150-year-old law he says is an ‘unjust’ restriction on parents’ right to disinherit their children. John Clitheroe and his sister Sue Bond, a former bank manager, have been fighting in court since their mother Jean … Read more

Government is set to rake in £90bn through inheritance and capital gains levies

Rishi Sunak’s tax on wealth… by stealth: Government is set to rake in £90bn through inheritance and capital gains levies in blow for middle classes, documents show The amount families will pay in inheritance and capital gains tax is set to soar Treasury is set to collect taxes worth 35 per cent of national income … Read more

Should you buy AIM shares to reduce inheritance tax?

My late father-in-law invested in some AIM shares as an approach to reducing inheritance tax. Unfortunately, he died before the majority of the investments had reached the qualifying two years. We understood that in this case his estate must pay the tax he was trying to avoid. This was mentioned in the brochure from the … Read more

Big savers face freeze on pension, inheritance and capital gains tax breaks

The Government has announced a tax raid on wealthy savers to help pay the huge bill it is running up to fight the Covid-19 pandemic. The pension lifetime allowance, the capital gains annual allowance and inheritance tax thresholds will be frozen until 2026, the Chancellor Rishi Sunak said in today’s Budget. The lifetime allowance, the … Read more

Harry Potter extra locked in £435,000 inheritance fight with her mother

An actress who appeared as an extra in the Harry Potter film franchise is locked in a a £435,000 inheritance fight with her mother after she was left out of her grandmother’s will. Charlotte Hepworth-Bell, 34, who has also worked in EastEnders and Holby City is battling her mother Heather, 65, over the money she claims … Read more

Bitter inheritance battle over £150,000 family jewels

A businesswoman is locked in a bitter inheritance fight over the family jewels after her wealthy aunt left her £6m fortune to an ex-British Airways air steward she met on a cruise. Julia Titcombe, 46, says her rich and ‘unconventional’ aunt Patricia Thompson promised her treasured £150,000 jewellery collection to her in a Skype call … Read more

Beautician, 40, walks away with father’s £300,000 inheritance after judge writes off ‘DIY will’

A beautician who was left nothing in her father’s £300,000 ‘DIY will’ while her ‘disappointing’ identical twin sister and other siblings shared the lot has won a court fight to pocket the money. Terri Tibbles, 40, had been close to her car dealer father William Tibbles, from Tilbury, Essex, expecting to inherit his entire estate … Read more

Man who wed best friend to avoid inheritance tax says they squabble like any married couple

A straight man who married his late best friend to avoid a hefty inheritance tax bill has told how he would be ‘proud’ of a new documentary about their story. Father-of-three Michael O’Sullivan, 60, tied the knot with former butler Matt Murphy, 85, in December 2017. Matt asked his friend of 30 years and carer … Read more

Italian princess at war with sister over £100m inheritance from film star mother

The last King of Two Sicilies was Francis II, who was overthrown in 1860 and spent the remainder of his life in exile The Royal House of Bourbon Two Sicilies is an ancient branch of the Spanish royal family which ruled parts of southern Italy for more than 100 years from 1734 to 1861. Its … Read more