Estate Planning

Starting estate planning early and implementing it in stages is desirable The UK Treasury has been receiving record-breaking Inheritance Tax (IHT) receipts. IHT receipts amounted to approximately £7.09 billion British pounds in 2022/23, compared with £6.05 billion in the previous financial year[1]. For individuals and families who have to pay it, IHT can be emotionally

30 MILLION PARENTS WANT TO LEAVE WEALTH IN THEIR WILL Millions of Britons say they want to plan to pass on wealth to their children and grandchildren in a Will – but fewer than half have written one, according to new research[1]. Failing to plan to write a Will or complete estate planning could potentially

How to prepare and protect your estate. We are all somewhat used to living with economic doom and gloom at present, from sky-high inflation rates to tax rises being splashed across the news headlines. But recent analysis from the Office of Budget Responsibility shows that you may also get stung harder after you are gone.

Guarding against accidental inheritance.  Soaring house prices around the UK over the last 20 years mean it’s possible to leave a substantial windfall to the people or causes closest to our hearts. But with more people filing for divorce and second or even third marriages becoming increasingly common, family structures are getting ever more complicated. 

The rules of intestacy Who can inherit if there is no will? When someone dies without leaving a legally valid will, their estate is distributed in line with a set of rules covering what is known as intestacy. Subsequently, if you die without making a will, you will be defined as an intestate individual. The

Planning your estate Will writing, estate executors and inheritance tax planning. Most people don’t like to think about their own mortality, even though taking charge of planning your estate can ultimately provide peace of mind for you and your loved ones. The whole purpose of planning your estate, however morbid it may seem, is to