Succession planning checklist
Posted on May 1, 2025 by admin - Uncategorized
Estate planning and Inheritance Tax
Posted on May 1, 2025 by admin - Uncategorized
Protecting your family’s financial security, your business’s stability, and your employees’ livelihoods
Owning a business often leaves little time to contemplate what may happen in the future. While day-to-day management and growth take centre stage, considering the long-term effects of unforeseen events is crucial. A well-thought-out estate plan ensures that your business and loved ones are protected, regardless of what occurs.
Business Relief
Posted on May 1, 2025 by admin - Uncategorized
Maximise your legacy with smart strategies to save on Inheritance Tax
Inheritance Tax (IHT) can significantly lower the value of your estate. Currently, Business Relief (BR) is available to business owners who maintain qualifying business assets for at least two years and continue to hold them until their death.
Wealth transfers of financial legacies
Posted on March 6, 2025 by admin - Uncategorized
Are you among the many families unprepared and lacking structured plans?
The world is on the verge of an unprecedented intergenerational wealth transfer, with projections estimating that by 2047, an astonishing £5.5 trillion will change hands[1]. Despite this monumental shift, many families remain unprepared, lacking structured plans to ensure their financial legacies are preserved or distributed according to their wishes.
“Grey divorce”
Posted on March 6, 2025 by admin - Uncategorized
Understanding the financial impacts of divorce over 50
Divorce later in life can be a complex and emotionally taxing process, particularly for couples over the age of 50. Wealth derived from property often takes centre stage in these discussions, as it typically represents the most significant financial asset that couples possess. According to recent research, 11% of couples experiencing a ‘grey divorce’ utilise funds from their property, whether by selling it or accessing equity release, to cover the costs of separation[1]. This statistic highlights the crucial role that property plays, not merely as a home, but as an essential financial resource.
How would you cover some or all of the cost of an Inheritance Tax liability?
Posted on March 6, 2025 by admin - Uncategorized
Especially when your primary aspiration is to pass on as much wealth as possible to loved ones
Inheritance Tax (IHT) planning is essential for managing your estate effectively and ensuring the wellbeing of your loved ones. Changes highlighted in last year’s Autumn Budget Statement 2024 have further emphasised this concern, with significant amendments to Business Property Relief (BPR) and Agricultural Property Relief (APR) from April 2026. Moreover, pensions previously exempted from IHT will now be subject to a 40% charge from April 2027.
Empowering your retirement savings
Posted on March 6, 2025 by admin - Uncategorized
Understanding how SIPPs can help you maximise your retirement investments
When planning for retirement, utilising a pension is one of the most effective ways to secure your financial future. The generous tax relief offered on pension contributions makes options like SIPPs (Self-Invested Personal Pensions) particularly advantageous. Understanding how they work, if appropriate, can help you maximise your retirement investments.
Trust in your future
Posted on March 6, 2025 by admin - Uncategorized
Is now the time to consider protecting and managing your wealth for future generations?
A trust can be an effective solution for many individuals and families aiming to protect and manage their wealth. Trusts provide a structured method for transferring assets to beneficiaries, especially across generations, while ensuring the funds are utilised for their intended purposes. However, trusts are not universally suitable, and their complexity necessitates careful consideration and planning.
It’s good to talk
Posted on March 6, 2025 by admin - Uncategorized
How to approach financial conversations with older family members
Discussing finances is not always easy, particularly with older family members. Nevertheless, these conversations are essential for alleviating stress and ensuring everyone’s long-term wellbeing. Whether it involves managing unexpected expenses, such as medical bills, or addressing insufficient savings, financial challenges can weigh heavily on ageing relatives. Families can work towards smoother transitions as circumstances evolve by engaging in open discussions and planning ahead.
Maximising the end of the UK tax year 2024/25
Posted on March 6, 2025 by admin - Uncategorized