Wills
A CAUTIONERY TALE: Storing your Will

A CAUTIONERY TALE: Storing your Will

Each year millions of Wills and important legal documents are lost, costing families millions of £s and resulting in unnecessary family crisis and disputes. If you have gone to all the time and trouble to make your Will, you may think you’ve got everything covered....

Who pays Inheritance tax?

Who pays Inheritance tax?

Inheritance Tax receipts increase: will you be affected? Figures recently published by HMRC show that Inheritance Tax (IHT) receipts between April 2021 and March 2022 were up by £700m to £6.1bn. This represents a 13% increase compared to the previous year. HMRC has...

How will Inheritance Tax rules changes affect you?

How will Inheritance Tax rules changes affect you?

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...

Are you a Joint Tenant? Find out why this matters

Are you a Joint Tenant? Find out why this matters

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....

2nd Marriages – How to solve the Property Dilemma

2nd Marriages – How to solve the Property Dilemma

How can you leave your property to your children but allow your new partner to stay living in the house? By using a Property Will Trusts for 2nd marriage Case study DAVID owns a house worth £300,000. He bought it after his divorce settlement. It’s in his sole name. He...

Making sure your lockdown will is valid

Making sure your lockdown will is valid

Whilst the majority of the country remains in lockdown due to the Covid-19 pandemic, many people are continuing to seek constructive ways to fill their time, from putting their financial affairs in order, reviewing life insurance or savings & pensions to arranging...

4 Reasons Why We Procrastinate

4 Reasons Why We Procrastinate

We are all guilty of it, but did you know there are (at least) 4 reasons why we procrastinate? Anxious procrastinationFun procrastination“Plenty of time” procrastinationPerfectionist procrastination Let’s look closer at the most common one: “Plenty of time”...

No two families are the same!

No two families are the same!

There has been a steady rise in more complex family structures and in multi-family households. Alongside this, there has been an increase in assets held in the UK and overseas as people increasingly live, work and invest more diversely than previous generations. Even...

3 reasons why your children won’t inherit from you

3 reasons why your children won’t inherit from you

Are you expecting to pass all your inheritance to your husband/wife/partner on 1st death, and then to your children? Have you made ‘mirror wills’ to allow this to happen? Here are 3 reasons why your children may not inherit after all: Re-marriage of the surviving...

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