Taxes: A Very Long List
Photo by Usman Yousaf on Unsplash Back in 1799, something terrible happened. Well, terrible in some people’s eyes. That was the year that Income Tax came into being. It was…
When You Have No Right To Be Where You Are
Photo by Pixabay: https://www.pexels.com/ Unmarried, cohabiting partners are at risk when their home-owning partner dies. That’s because they have no automatic “Right To Reside.” It comes as a great shock…
A Good News/Bad News Story
First, the good news: We’re all living longer. Hooray! Thanks to better diets, less smoking, more exercise and improved healthcare, more of us are living well into our eighties….
Because Life Isn’t Always Fair
Photo by Andrea Piaquadio If you’re a parent, you’ve probably done your fair share of worrying about your child or children. I know that feeling. Even when they’re grown, it…
How To Stop The Government Hoovering Up Your Estate
There are two things certain in life: death and taxes. So said Benjamin Franklin. With that cheerful thought in mind, I’d like to bring to your attention something important. It…
Seven Avoidable Threats to Your Children’s Inheritance
How to Keep Your Legacy Safe from Divorce, Debt, Tax and Family Disputes Introduction You’ve spent a lifetime working hard to build your family’s financial security — your home, savings,...
Trusts and Care Home Fees: Why Your Property May Still Be Assessed
I went to see a lovely gentleman in his 90s to discuss his Lasting Powers of Attorney. Towards the end of our conversation, I asked him if there was anything else he wanted to talk about.
Inheritance Tax Warning
With Government Inheritance Receipts up by £400m to £1.75b in 2023 there is a strong risk than unless you take action; your legacy will be eroded as it passes down through the generations. Tax avoidance ( NOT evasion) is NOT the preserve of the Rich and Famous; but ‘everyday’ people like you who have worked and saved to create a nest egg for your family.
How? The magic word is TRUSTS. Simple to put in place and highly cost effective. Be a hero to your family and let them inherit the tax efficient way.