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Maplebrook Wills
Apr 3, 20221 min read
#Disabledpersontrust
What can you do if you want to leave assets to someone with a mental disability? You can set up a trust which where the settlor (i.e....
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Maplebrook Wills
Feb 9, 20222 min read
Estate Planning for couples with an Estate value less than £650k (2 x Nil Rate Band)
Most family homes are held as joint tenants meaning each person owns the property jointly. So a typical basic mirror Will leaves...
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Maplebrook Wills
Feb 2, 20225 min read
Inheritance Tax and the Residence Nil Rate Band
What is inheritance tax? If your estate is worth more than £325.000 (Nil Rate Band for a single individual) or £650,000 (Nil Rate Band...
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Maplebrook Wills
Jan 24, 20222 min read
Estate Planning for couples with an Estate value greater than £650k (2 x Nil Rate Band)
Most family homes are held as joint tenants meaning each person owns the property jointly. So a typical basic mirror Will leaves...
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Maplebrook Wills
Jan 24, 20222 min read
HAVE YOU HEARD OF A LIFETIME TRUST?
A Lifetime Trust enables you to protect your property or assets whilst you are alive. Another name for these types of Trusts is an Asset...
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Maplebrook Wills
Jan 20, 20224 min read
Flexible Life Interest Trusts
(FLITs) are sometimes described as “the ideal modern family trust.” The reason for this is because it allows a person to benefit...
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Maplebrook Wills
Dec 6, 20213 min read
Inheritance tax planning and tax-free gifts
Can I give money away to avoid inheritance tax? If your estate is worth more than £325,000 (or £650,000 for married couples and civil...
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Maplebrook Wills
Nov 27, 20213 min read
Gifts out of income
It is surprising that one of the most valuable exemptions from Inheritance Tax (IHT) is also one of the most underused. The normal...
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Maplebrook Wills
Nov 19, 20213 min read
Understanding 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”)...
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Maplebrook Wills
Oct 22, 20213 min read
Estate Planning below £650k
Legacy planning for: - Couples with total estate value below 2NRB (below £650,000). Basic mirror wills leave everything to the surviving...
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Maplebrook Wills
Oct 22, 20213 min read
What is a Discretionary Trust
A discretionary trust is a type of trust where the trustees are given complete discretion to pay or apply the income or capital of the...
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