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Specialist Solicitors, Protecting You And Your Family's Future...
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Articles
Is This the New 'Modern Will'? Modern life is complex and family life can be particularly complex. As a practitioner in my professional practice, the ideal solution for any new Will or Trust is to... (Read More) IHT Planning in The Light of October 9th Pre-budget Report
Having
fully come to
terms with the changes to
the Inheritance
Tax (IHT) regime
as a result of
the Pre-Budget Report by
the Chancellor on
October 9th 2007
and the
further proposals by the
Tories...
Life Interest Trusts, Second Marriages and the Inheritance Tax Trap A fact of modern life in Britain is that many marriages end in divorce and that many people marry for a second, third time, or more… (Read More) Explaining Potentially Exempt Transfers (PETs) A potentially exempt transfer or PET for short is one of the best known of the devices that can be utilised to save inheritance tax… (Read More) 2nd Generation Tax-Planning and the Deed of Variance One ordinarily utilises the Deed of Variation (DOV) to ensure the use of a nil-rate band upon the first death of a spouse within a marriage... (Read More) Bare Trust Relief To prove that the Revenue is not entirely made up of latter day "Scrooges", there has now been clarification from the Revenue with regard to the tax treatment of what is known as bare trusts... (Read More) Why a Will Works There are many reasons to make a Will, not least because a well-drafted Will allows gifts to be made either directly or by way of a suitable Trust that could currently save up to £114,000.00 of inheritance tax... (Read More) How You Can Change a Will After Death to Save IHT Many families are caught in a classic "property rich" but "cash poor" situation. As such their property assets exceed by some way the current nil rate band of £285000 (2006/7) resulting in a liability of 40% tax... (Read More) Saving IHT With Life Insurance Policies A recent report by Standard Life indicates that :- "22% of advisers place less than 10% of their life protection business in trust... (Read More) Page 1 2 |
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