In an era of potential legislative changes and economic uncertainty, protecting your family business or agricultural assets has never been more crucial. Recent reports suggesting that the new government might consider removing certain inheritance tax reliefs have sent ripples of concern through the business community. However, there’s a powerful tool at your disposal that can help secure your legacy: trusts.
The Hidden Dangers of Unregulated Will Writers: Why Professional Expertise Matters
In an era where DIY solutions seem to abound for every aspect of our lives, it’s tempting to consider cutting corners when it comes to estate planning and will writing.
Join me and guest co-host Siân Bushell as we unveil secrets to building a thriving legacy and minimising taxes.
Join me and guest co-host Siân Bushell as we unveil secrets to building a thriving legacy and minimising taxes.
Inheritance Tax (IHT) in the UK often sparks a flurry of questions and concerns among those planning their estates or dealing with inheritance. Despite its significant impact on many, the recent UK Spring Budget announcement by the Chancellor left the regulations surrounding Inheritance Tax unchanged, including the key thresholds known as the Nil Rate Band and Residence Nil Rate Band.