Estate Planning – From The Most Simple To The Most Complex Cases Wills and Estate planning solutions are both necessities that just about everyone should, at some point, think about – not necessarily just the most wealthy amongst us. From protecting your loved ones in the face of unexpected illness or death to effectively implementing a multi-generational wealth transfer…
Dealing with the estate of a deceased loved one can be a drawn-out and challenging process even when there is a legally valid Will. When someone dies without a valid Will in place, there are strict inheritance laws, referred to as the ‘Rules of Intestacy’, which apply in England and Wales. These rules set an order of precedence which…
At Family Matters, we deal with a variety of estates and are sometimes faced with complex intestacies when someone dies without a Will. In this article, we will explain the rules of intestacy and what is meant by partial intestacy. Family Matters can take care of all your Estate Planning Solutions and offer a bespoke Will writing service. Our advisors…
It is a misconception that a Lasting Power of Attorney is something only the elderly should consider. Illness, accidents, strokes and dementia can strike at any age as can other incapacitating events. Having an LPA in place is a small price to pay for the peace of mind that your financial affairs and personal welfare will be taken care of…
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…
