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…
Estate planning
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…
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,…
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…