The world of Inheritance Tax (IHT) is a minefield. As many people are unaware of how they can minimise the amount of Inheritance Tax payable on their estate, their estate can incur heavy taxes upon their death. The Planning Bee is here to help – keep reading for our complete guide to Inheritance Tax. What […]
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When looking to begin creating your Will, you may have heard the term mirror Will several times. A mirror Will is a form of Will that you can draw up with your spouse, but are they a good idea? What Is a Mirror Will? A mirror Will is a Will that is almost identical to
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Although a Will may seem straightforward, Inheritance Tax and care home fees are anything but. Your Estate may be consumed by high taxes and fees, leaving only a small amount for your chosen beneficiaries. However, Property Protection Trusts can mitigate the amount needed from your Estate to pay for care and fees. Protective Property Trusts
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Wills are complex legal documents that contain a wealth of information about your assets and wishes. However, it can be easy to get wrapped up in the technicalities, which may cause you to worry that not all essential information is included. To offer our support, we’ve put together some guidance about what you may include
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A Will is invaluable for anyone with any assets. However, some people lack the mental capacity to create a Will, making the process of leaving belongings to their loved ones more difficult. If a person requires a Will but cannot create one themselves, several steps can be taken to prepare a Statutory Will. When To
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Many terms, such as probate, crop up when writing Wills and planning for later life. Left undefined, probate can seem somewhat confusing. However, it is simpler than it seems on the surface. In this blog, we cover some of the ins and outs of probate, including why it is necessary and how much it may
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
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