Resolving the issue of Asset Protection Trusts sold to “protect your home from care fees”
Universal Wealth Preservation – a cautionary tale about the damage Asset Protection Trusts can do.
The Danger of Asset Protection Trusts sold to “protect your home from care fees”
Back in 2018, I wrote a blog on this topic, having been contacted by several of my clients who had received door drop leaflets inviting them to attend a free…
How Legacy Giving can reduce your Tax Bill
Who are you going to leave money to in your Will? Your spouse or partner is probably first in line, any children or extended members of the family may pop…
Gifting to Charities…
Gifts to charities are exempt from Inheritance Tax (IHT) whether they are made in lifetime or in a Will, and can reduce the amount of IHT paid on the rest…
Don’t make Inheritance Tax Taxing
Whenever Britons are polled on their most hated tax, without fail one tax in particular always finishes top – Inheritance Tax. We all want to leave as much as we…
What is ‘Business Property Relief’…?
Inheritance Taxis often named as one of the UK’s most hated taxes. While there are a number of ways to reduce your eventual tax bill, many people are unaware of…
Record amount of IHT paid last year
New research has indicated that inheritance tax paid by British families has reached an annual total of £5 billion. From the final data collection before the new threshold was introduced…
Retirees seek Advice After Brexit
When the UK made the decision to depart the European Union last year, the actual departure seemed a long way off. Although the thought of leaving loomed, the process of…
Problems with the new ‘Residence Nil Rate Band’…
The new Residence Nil Rate Band (RNRB) that came into effect on 6th April is good news for many – but not for everyone. In summary, the new tax-free allowance…
Government Considers “Death Tax” to pay Care Costs…
When we lose someone, ‘how much will it cost?’ is not usually the first factor that springs to mind. As much as we’d like to be rational, emotions tend to…