As younger generations face challenges reaching milestones as the cost of living soars, you might be thinking about gifting assets to improve their finances. If your beneficiary is in a relationship, you may want to consider what would happen if…
Thousands of families may be entitled to an Inheritance Tax (IHT) rebate due to stock market volatility. As the government does not automatically refund estates when this happens, many families could be unaware they’ve overpaid. Overpaying IHT could occur if…
After receiving an inheritance, it can be difficult to know how to use it. You may still be grieving the loss of a loved one or feel overwhelmed by the different options. However, using some or all your inheritance to…
Are you worried about Inheritance Tax (IHT) or how you’ll pass on your wealth to loved ones? For some people, pensions can provide a way to tax-efficiently leave wealth to family. Here’s what you need to know. While IHT currently…
Discussing the financial benefits of getting married or entering a civil partnership may not seem romantic. But these six reasons to tie the knot to potentially reduce tax, pass on assets, and more could help you get the most out…
More people are choosing to gift wealth during their lifetime rather than leaving assets as an inheritance. There are benefits to choosing a living legacy, but there are things you need to consider too, including your long-term financial security and…