There are now at least 825,000 trusts across the UK ...
A growing numbers of families are being pulled into the inheritance tax net as thresholds remain frozen at £325,000.
The biggest inheritance tax advantages comes from a simple seven-year rule. According to the government, if the person setting up the trust lives for at least seven years after transferring the assets ...
More families are using trusts for inheritance tax planning as the £325,000 threshold remains frozen since 2009.
More families are setting up trusts to avoid paying inheritance tax, figures from HMRC suggest.
You might think it’s only the elite who should bother with trust funds for their heirs, but as more families are drawn into the inheritance tax net every year ...
Advisers have said that clients are looking to protect their wealth and mitigate tax liabilities before changes are set to come in this April ...
Inheritance tax implications As a grandparent, you can use trusts to remove assets from your estate, and therefore outside the scope of inheritance tax. When you put money into a bare trust, it counts ...
While it’s not exactly fun to financially plan for dying one day, it’s better than leaving your loved ones unprotected. Whether it’s an inheritance or an estate, you want to leave them in the best ...
As advisors to many business owners and farmers, we welcomed the news on 23rd December that the Government has increased the proposed cap on the reliefs available for businesses and farms ...