In 2017 the rules on Inheritance tax (IHT) changed, with the intention that eventually married couples and civil partners will be entitled to pass on assets worth £1 million, including the family home, without paying any inheritance tax by adding a new Nil Rate Band...
Joint Tenants or Tenants in Common There are 2 ways of owning a property* – Joint Tenants (JT) or Tenants in Common (TIC). When a property is bought and registered with the Land Registry, the electronic title deeds will show who the owners of the property are....
Myth: All your debts will be written off when you die Mortgages, loans, credit cards, car finance…..whatever the debt, there’s a myth where people think their debts are written off when they die. But that’s not the case. Any assets you had before your death,...
This could affect you. Separate accounts? Separate property? Separate children? These days, it’s not only our families that are more complicated, but also our finances. It’s quite common for couples to separate their finances, or some of them. Even if you...
2020 has been dominated by the Covid-19 pandemic. It’s affected us all in one way or another. Neither military power nor wealth has been able to stop the destructive global spread of this tiny member of the...
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