-Nov 27, 20213 minTrusts & Estate PlanningGifts out of incomeIt is surprising that one of the most valuable exemptions from Inheritance Tax (IHT) is also one of the most underused. The normal...
-Nov 19, 20213 minTrusts & Estate PlanningUnderstanding the Residence Nil Rate Band (RNRB)RNRB came into effect in April 2017 and could enable you to leave up to £1 million to your children free of Inheritance Tax (“IHT”)...
-Oct 22, 20213 minTrusts & Estate PlanningEstate Planning below £650kLegacy planning for: - Couples with total estate value below 2NRB (below £650,000). Basic mirror wills leave everything to the surviving...
-Oct 22, 20213 minTrusts & Estate PlanningWhat is a Discretionary TrustA discretionary trust is a type of trust where the trustees are given complete discretion to pay or apply the income or capital of the...