by theinheritanceguru | Aug 19, 2024 | Inheritance
Are trusts merely instruments for the wealthy elite to hoard their fortunes? This outdated notion overlooks the myriad legitimate and socially beneficial purposes they serve. Trusts, with origins dating back to the Crusades, have been a cornerstone of estate planning.
by theinheritanceguru | Aug 15, 2024 | Inheritance
Your Complimentary Will Review Awaits: For the month of August only, I’m offering a select number of complimentary will reviews to my valued subscribers. This service, typically priced at £200 per person or £300 per couple, is available to you at no cost.
by theinheritanceguru | Aug 1, 2024 | Inheritance
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.
by theinheritanceguru | Jul 22, 2024 | Inheritance
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.
by theinheritanceguru | May 22, 2024 | Inheritance
Join me and guest co-host Siân Bushell as we unveil secrets to building a thriving legacy and minimising taxes.
by theinheritanceguru | May 22, 2024 | Inheritance
Join me and guest co-host Siân Bushell as we unveil secrets to building a thriving legacy and minimising taxes.
by theinheritanceguru | Mar 23, 2024 | Inheritance
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.
by theinheritanceguru | Feb 12, 2024 | Inheritance
It is vitally important to make a Will and equally as important to ensure you regularly review your plans to ensure that your Will is up to date. It may be some years since you wrote your Wills, but there are now many changes you need to consider.
by theinheritanceguru | Dec 4, 2023 | Inheritance
As a seasoned professional in Wills, Legacies, Powers of Attorney, Estate Planning, and assisting families in ensuring that wealth is passed down to future generations, I have seen my fair share of estate planning mishaps. But one recent case really struck a chord with me and I feel compelled to share it with you.
by theinheritanceguru | Nov 18, 2023 | Inheritance
The 2023 Autumn Statement How Rumoured Inheritance Tax Could Impact Your Legacy As chancellor Jeremy Hunt puts the finishing touches on his upcoming Autumn Statement on Wednesday 22nd November, speculation is swirling about a potential cut to inheritance...
by theinheritanceguru | Nov 6, 2023 | Uncategorised
The Inheritance’ TV Show Unravelling the Mysteries of Legacy and Lessons for Your Estate Planning As an experienced specialist in wills, legacies, and powers of attorney, I’ve encountered countless stories of family dynamics, unexpected twists, and hidden...
by theinheritanceguru | Oct 23, 2023 | Uncategorised
Bloodline Wills vs Mirror Wills: Which is right for you? (Clue: One of these could be rob your children of their inheritance) Writing a will is essential to ensure that your estate is managed and distributed according to your wishes after you pass away....
by theinheritanceguru | Oct 7, 2023 | Inheritance
Scrapping Inheritance Tax? … A Controversial Proposal The UK government is facing a crucial decision ahead of the next general election – whether to scrap inheritance tax. The move is being considered as a means to win over voters and secure...
by theinheritanceguru | Aug 5, 2023 | Inheritance
Increasing Number of Families Trapped in the UK Inheritance Tax Web …in the UK and abroad In recent news, UK inheritance tax (IHT) receipts continue to break records in the 2022/23 tax year – and this is a cause of concern for families and heirs. With HMRC...
by theinheritanceguru | Jun 8, 2023 | Uncategorised
but is your’s and your spouse’s Will legally recognised in the UK? It is not generally understood in the UK that only certain marriages and civil partnerships are acceptable for Inheritance Tax Relief. Spouses and partners who have a UK recognised marriage and who...
by theinheritanceguru | Jun 8, 2023 | Uncategorised
Dying without a will can cause unnecessary stress and heartache for your family and business colleagues. Without a will, the government will decide how your assets are distributed, leaving your loved ones at the mercy of the legal system. A will ensures that your...
by theinheritanceguru | Jun 8, 2023 | Uncategorised
In recent years, and especially in the last few months, the use of artificial intelligence (AI) such as ChatGPT has rapidly increased across various industries, including the legal field. AI-powered solutions are now being used more and more to assist with legal...
by theinheritanceguru | Jun 8, 2023 | Uncategorised
Divorce can be an emotional and complicated time, and it can have a significant impact on your financial future. This is particularly important if you have inherited assets and wish to ensure that they are passed on to your children and other loved ones, rather than...
by theinheritanceguru | Jun 8, 2023 | Uncategorised
Don’t be like 44% of the UK Population According to a recent study commissioned by Solicitors for the Elderly (SFE), only 56% of UK adults have updated their will in the last five years, leaving approximately half of the country’s wills out of date. As an...
by theinheritanceguru | Apr 15, 2023 | Uncategorised
‘Domicile’, ’Deemed Domicile’ and ‘Non-Domicile’ Which are you? And why does it matter? Navigating the maze of inheritance tax, wills, and estate planning in the UK, or if you’re a Brit living or working abroad, can seem daunting. Yet, understanding these three keys...
