The overlooked way of reducing your Inheritance Tax (IHT) bill
Large gifts are a long-established method of reducing Inheritance Tax (IHT). However, not everyone can afford to, or wants to, give lump sums of money away. When given, large gifts are Potentially Exempt Transfers (PETs), which means…
Should you give money away to reduce your Inheritance Tax (IHT) bill?
Inheritance Tax (IHT) is a controversial issue which leaves many people wondering how they can reduce the amount that will be lost to the government when they die. The good news is that IHT only…
What happens to your pension when you die?
Let’s deal with the elephant in the room straightaway. Yes, this is an article about pensions and death; neither the most pleasant of topics. But, taken together, hugely important. One of the myths about pensions,…
Need willpower to power your will? Will Aid can help!
The fact that we don’t like to talk about death makes it very easy to overlook a will. Most people don’t neglect their will intentionally. For some, it’s one of the less-pressing jobs that they’ll…