© Copyright 2019 Grief Probate Journey Blog. In this blog, we talk about grief and what we have learnt. We also talk about what we feel to be “The unknown”. The legal requirements after losing a loved one. This is based on UK Law as well as our own experiences.
The standard Inheritance Tax rate is 40%. It’s only charged on the part of your estate that’s above the threshold. Example Your estate is worth £500,000 and your tax-free threshold is £325,000. The Inheritance Tax charged will be 40% of £175,000 (£500,000 minus £325,000).
© Copyright 2019 Grief Probate Journey Blog September 2022 We are Grief Probate Journey. Our Dad who we love and miss every day, who sadly passed away in March 2017 is the reason why we eventually started this blog in 2019. We have been on pause for the past three months. This is because we, […]
Read More Grief Probate Journey Making a ComebackFrom the moment our Dad was hospitalised in September 2016. Life for our family has never been the same since. We had absolutely no idea what we were about to face. To say we were far from prepared is a huge understatement. In almost every situation we have been in and decisions we’ve had to […]
Read More Responsibility and GriefInheritance Tax: This is another aspect of the probate process that has caused us sadness. It also makes us feel like inheriting what has been passed down to you can be more hassle than it’s worth…. Our Inheritance Tax Experience Inheritance Tax Definitions Inheritance Tax for Expats Inheritance Tax Scenarios Funeral costs – if you […]
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Grief Probate Journey 