Six things we can learn from the wealthy
The things we can learn from rich people When it comes to money, what better way to improve your financial literacy than to learn from the wealthy? Take a second and think of someone you really admire. Chances are that nine out of ten of us would have chosen someone successful and wealthy. The wealthy […]
HMRC & inheritance tax: the facts
A guide to HMRC & inheritance tax Inheritance Tax (IHT) is a tax on the estate of someone who has died, including all property, possessions, and money. The management and enforcement of IHT falls under the remit of Majesty’s Revenue and Customs (HMRC). Understanding how HMRC handles IHT is crucial for executors and beneficiaries to […]
10 ways to avoid inheritance tax
10 ways to avoid inheritance tax in the UK With more and more people breaching the IHT threshold, finding ways to avoid inheritance tax is becoming a crucial part of the financial planning process. Receiving a large inheritance tax (IHT) bill can be a daunting prospect. For those with substantial estates, the potential tax burden […]
Wealth preservation: Seven ways to preserve your wealth, assets & property
Interested in wealth preservation strategies? In today’s article, we focus on the different ways to preserve your wealth, assets and property. Whether you have earned your wealth, inherited it, or made shrewd investments, you will want to ensure that it can be enjoyed by you, your family, and your intended beneficiaries, and not the taxman. […]
Equity Release; the good, the bad and the ugly
A short guide to equity release Some retired people might find themselves house rich, but cash poor. Equity release can be a way of redressing the balance. The language used by equity release firms in the numerous television and newspaper adverts is enticing; “Access the value of your home, tax-free.” How much tax-free cash could […]
