Assets, Business Owners, Estate Planning, Legal, Tax
Who Pays Inheritance Tax? Inheritance Tax is payable on the net value of any estate over £325,000 at a rate of 40%. The net value is after all allowable debts, expenses and exemptions have been deducted. The main exemptions are: A married couple can leave unlimited...
Business Owners, Estate Planning, Family
For business owners careful estate planning is vital otherwise a lifetime’s achievement can easily be lost. It may take a whole generation to build up a company but there are many non-commercial factors that can conspire to ensure that as soon as the founder is...
Care Fees, Estate Planning, Family
Care Fees Planning Thanks to the improvements in medical science and general health and fitness, we are all living longer, resulting in more and more people requiring long term care. Indeed it has been estimated that in the not too distant future 3 out of 4 of us will...
Assets, Estate Planning, Legal
Thanks to the improvements in medical science and general health and fitness, we are all living longer. Not surprisingly however, few of us have considered the implications of this for our hard earned savings and investments and crucially our home. Most of us assume...
Recent Comments