10 Ways To Protect Your Assets And Reduce Inheritance Tax When the time comes and your loved ones come to inherit your estate, the last thing you will want to leave them is a massive Inheritance Tax bill. Even if you consider your wealth levels to be modest, there are still some things you must consider to minimise Inheritance Tax,…
Over the past year, with all its ups and many downs, we have seen a dramatic increase in the number of clients who would like to discuss Estate Planning Solutions and talk about Inheritance Tax Planning. This often relates to an individual or a family who haven’t yet formalised any future wishes and also those who would like to review…
Inheritance Tax Inheritance tax is a topic that concerns many people. Here is a look at how inheritance tax is affected by this year’s budget along with everything else you might find helpful. Will Inheritance Tax Change In 2021? The Government is set to introduce legislation in Finance Bill 2021 so that the inheritance tax nil-rate bands will remain at…
By taking the time now to prepare a will to protect your assets for the future, you are taking control of your personal and financial circumstances whatever may come. This will minimise the stress and complications for your family and friends in the event of your death. In order to help you safeguard your assets and help you with your…
Financial Peace Of Mind Through A Pandemic The COVID-19 pandemic has affected many families and households across the UK in so many different ways. Some have sadly lost loved ones and others may have lost their livelihoods as a result of the financial impact of the pandemic. Whilst the 3rd UK national lockdown in England is about to ease, the…
A Guide to Estate Planning For Second Marriages Getting married for a second time can feel like a fresh start. But it’s important to consider how combining your life with someone else’s may impact your future financial planning when it comes to protecting those you love. It can be difficult to determine what is fair in a second marriage when…
The answer to what happens to property, belongings and money if one partner from an unmarried couple dies might be quite surprising to you. Myth My partner automatically receives everything. There is no such thing as a common law spouse in terms of the Law. If you are a married couple you have greater rights than unmarried couples. There is…
The unprecedented times we currently live in has resulted in a surge of demand for Will writing. Results suggest the increase being around 76% higher as people are determined to plan their future and finances. The news everyday gives numbers of people that have sadly died combined with people possibly having more time due to being at home has meant…
Sir Ken Dodd had the last laugh over the taxman by marrying his partner of 40 years two days before his death. Anne Jones would have had to pay more than £2 m inheritance tax on his £7.2 m fortune. Doddy, who died in March 2018 aged 90, tied the knot with Anne Jones to stop her having to pay…
“The Law around Wills should be updated and brought into the “modern world”, a recent statement by the Law Commission for England and Wales, last week. The Law Commission, has recently criticised the way Wills have been written saying that the current rules were “unclear” and the wording of old fashioned terminology and language has left many of the population…
