A Will isn’t your only option when considering how you want your estate to be distributed after you pass away. You can also choose to open a Family Protection Trust, which helps you protect your assets and gives you greater control over what happens upon your death. What Is a Family Protection Trust? A Family […]
A Guide to Family Protection Trusts Read More »
No one wants to be hit with a huge Inheritance Tax bill after a bereavement. However, new measures have recently been introduced to reduce this taxation, meaning you can leave more for your loved ones. What Is the Residence Nil Rate Band (RNRB)? A measure that enables an additional amount of your estate to be
The New Residence Nil Rate Band – How To Qualify for the IHT Uplift Read More »
The government is introducing a new care cap that will limit the costs that people pay for care throughout their lifetime. From October 2023, those arranging for home or residential care will not have to pay more than £86,000 in lifetime costs. Anyone with assets worth less than £20,000 will not be required to contribute
The New Care Cap the Government is Mooting Read More »
Trusts have been used to protect land and houses since the Middle Ages. They were originally designed by wealthy Landowners who wished to protect their assets by leaving them in the capable hands of ‘trusted friends’ when going off to battle, making sure their lands were kept safe for their children – their bloodline. In
Family Protection Trust Overview Read More »
A Discretionary Will Trust is a very flexible way of leaving your estate to your loved ones. It could be that your beneficiary’s situations are in a state of flux, and you don’t want to be too prescriptive in the way you leave your Estate to them. Perhaps you are aware that your children’s marriages
What Is a Discretionary Trust & How Can It Help You? Read More »
Leave Estate Planning to the Professionals We all like to take control – we were raised to be independent and work things out for ourselves! That Ikea furniture your son wanted to help you with? Done. Set up. You probably did a better job than he would have done. However, some things are more complex
4 Top Tips for Successful Estate Planning Read More »
Consider this scenario: You have spent your life accumulating assets and providing for your children. You have drawn up a Will that ensures your children receive your assets in the manner that you wish. However, one of your offspring is going through a divorce; so, what steps do you need to take to prevent your
Kids Getting a Divorce? Learn How It Affects Your Will Read More »
Millions of adults across the UK hold the dangerously misguided belief that their loved ones immediately assume the right to make day to day decisions for them should they lose the capacity to do this themselves.
Our Naivety: Lasting Power of Attorney Read More »
