10 effective ways to avoid inheritance tax in the UK
If your estate is large enough, your beneficiaries may be charged inheritance tax after you die. Many believe this to be an unfair tax, arguing that after paying tax on their income and spending during their lifetime they now have to pay tax again on death. Whatever you believe, you have two choices. Acceptance or […]
Helping elderly relatives and you plan for the future (part 3)
In the previous 2 notes in this series we have discussed the basic assistance required help an elderly person manage their finances, plus a couple of different options to help pay for their care. Today I wanted to discuss more tax planning around inheritance tax. Last week the Government announced that revenues from inheritance tax […]
Helping elderly relatives and you plan for the future (part 2)
Caring for elderly relatives is a highly stressful time. As it happens to virtually all of us at some point in our lives, there are certain decisions you can make today to make life easier for both you and your relatives or parents. Previously we discussed the importance of making sure wills and powers of […]
Helping elderly relatives and you plan for the future (Part 1)
Watching someone you love get older can be a very difficult experience, but also one that we all will inevitably go through at some point in our lives. It certainly can have its challenges and sometimes thinking about the financial side is the last aspect anyone wants to discuss. In this series I’d like to […]
