Passing on wealth from one generation to the next is a timeless endeavour that requires careful consideration and strategic planning. Intergenerational wealth planning involves the thoughtful arrangement of assets, investments, and financial strategies…
Gifting money to your grandchildren is a great way to help them get set up for later life. But gifting large sums of money at the wrong time can see a large chunk of the gift subject to a heavy tax burden. In this article, we cover how to leave a fin…
Inheritance tax (IHT) was traditionally regarded as a tax only for the very wealthy. However, with a threshold of £325,000 (£650,000 for married couples and civil partners) that will remain frozen until 2021, and the price of houses still relatively…
Is inheritance tax (IHT) still a thing? Yes, very much so. You may have heard the recent rumours of its death, in light of the government announcing a new ‘family home’ additional allowance from April 2017. This is a bit fiddly (from 2017 it will add £100,…
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