成人快手

Paul Lewis and guests take your calls on wills and inheritance tax.

There's always uncertainty when it comes to personal finance, but the one thing you can control is what happens to your assets after you die. But to make sure your money goes to your nearest and dearest, and not to undeserving relations or the taxman, you need to do advance planning.
If you have a partner but you're not married or in a civil partnership, it's even more important to detail who you want your assets to go to, otherwise you can cause your partner serious financial difficulties after your death.
You can leave up to 拢325,000 tax-free to anyone, not just your spouse or civil partner, and estates are liable to a 40 per cent tax above this ceiling. But it may be more efficient in terms of tax to give gifts before your death, provided they meet certain conditions.
So, where should you start in making a will - do you have to go to a solicitor or are the services provided by some high street banks and shops good enough?
What happens to estates that are intestate - that is, the person has died without a valid will?
How can you manage some of your assets with a trust? It can be complicated but it can also give you more control over who gets your assets and when.
How often should you update your will? And how should you choose your executors, the people charged with carrying out the instructions in your will?
And what if you live in Scotland, where the rules are different?
This week the panel will be answering your questions about wills and inheritance tax.

Expert panel:
Nicola Plant, Pemberton Greenish
Mike Warburton, Grant Thornton
Alan Barr, Brodies and Director of Legal Practice at University of Edinburgh

Lines open at 13:00. The number to ring - 03 700 100 444.