If the worst happened, are you fully protected? It’s easy to think, ‘I’d cope, that’ll never happen to me’. But any of us could become ill, and a critical illness policy may help to give some financial security at a difficult time. If the worst does happen, it’s important to make sure you’re financially protected […]

Achieving your goals by weighing the potential risks alongside the prospective returns Successful investing involves making choices that meet your unique needs today and your financial goals for the future. A well-defined investment strategy is one of the cornerstones of a successful financial life. Investing is about building wealth slowly rather than getting rich overnight.

Understand what it will mean for you Administration – See Letters of Administration.

10 steps to protect your family from a potential Inheritance Tax bill 1. The main ways to avoid Inheritance Tax are to spend your money while you are alive or give it away.

Funding a potential Inheritance Tax liability After taking the appropriate steps to put in place an Inheritance Tax planning strategy, if there is still the potential likelihood of a liability on your estate or if you have made gifts which have created a potential liability for the recipients if you die within seven years, we […]

Different trust solutions to managing your wealth Some types of trust are treated differently for Inheritance Tax purposes.

Helping you control and protect your assets One of the most effective ways you can manage your estate planning is through setting up a trust. The structures into which you can transfer your assets can have lasting consequences for you and your family, so it is important that you obtain professional advice, as the right […]

If there’s no valid will When you die, your estate has to be distributed one way or another. If you have a will, your executors have to gain a Grant of Probate in England & Wales or Northern Ireland (a Grant of Confirmation in Scotland). If there’s no valid will, or the named executors in […]

Sharing out your estate Planning your finances in advance should help you ensure that when you die, everything you own goes where you want it to. Making a will is the first step in ensuring that your estate is shared out exactly as you want it to be.

What happens when someone dies? When someone living abroad dies, the rules for paying Inheritance Tax (IHT) usually depend on: • How long they lived abroad • Whether their assets (property, money and possessions) are in the UK or abroad • If their assets in the UK are‘excluded assets’ • If their assets were put […]