Bluebond Tax Planning now featured in the Times
We are delighted to be a part of The Retirement Planning Checklist featured in the Times on Saturday 14th March 2020. This is the first time Bluebond Tax Planning has historically appeared in the Times newspaper.(more…)
Using a Bare Trust to Avoid Inheritance Tax
Up until now, it has been relatively unusual for people to use Bare Trusts, as discretionary trust offer the trustees significantly more control over the trust assets.
However, Bare Trusts are likely to make a comeback as the total value of Discretionary Trusts settled in a lifetime or on death is liable to a potential income tax charge on the tenth anniversary.
How Do The Rich Avoid Inheritance Tax – 5 Simple Methods
When you pass away, you will probably want your estate to be transferred on to your children. Paying Inheritance Tax will significantly reduce the assets that they will end up receiving. Here are some ways of ensuring your children, and not the taxman, will benefit from your assets when you die.(more…)
Overseas Assets and UK Inheritance Tax
There are many misconceptions about how to take overseas assets into account for UK Inheritance Tax. This could result in many UK families paying large Inheritance Tax bills unless careful planning measures are taken.(more…)
What will the inheritance tax changes proposed by the Labour party mean to you? Please see a view from our tax advisor with over 17 years experience.
Who’s Going to Pay for Social Care?
In this current turbulent political landscape, specific issues are being overshadowed. The Centre for Policy Studies has recently highlighted something under the radar. The Rt Hon Damian Green has put proposals forward to address the issues of the ongoing social care crisis.
Estate Planning Myths That Just Won’t Die!
Estate planning remains probably the most misunderstood area of Financial Planning. Some clients think they just need a little Financial Planning but not any Estate Planning. Some consider themselves too old or too young to even think about it. Policy changes from HMRC that hit the headlines do nothing to inspire confidence in a notoriously complex system.
Controversial New Probate Fees Imminent?
With the continuing issue of Brexit still hovering over the Government, the less urgent approval motion to controversially increase probate fees has been delayed. It had been suggested that the new probate regime would be introduced this month.