Inheritance tax: the recent changes you need to know about as you plan
Category: Inheritance & inheritance tax & Tax
Grandparents: does your generosity leave you at risk of running out of money?
Category: Inheritance & pensions & retirement & Uncategorized
Money typically flows down through generations. This is the way it has always been and our natural life cycles will continue to ensure it is likely to be that way for the foreseeable future.
If you are a parent, you will initially support your children, before eventually leaving them an inheritance.
The End of Inheritance?
Category: Inheritance & Uncategorized
Traditional inheritance may be dying out, according to a new report from HSBC. Whilst more than half (58%) of working-age people in the UK expect to leave an inheritance to their children, the reality is very different, with just a third (33%) having actually received one.
The processes behind Wills, probate and inheritance
Category: Inheritance & Uncategorized & Wills
When a family member dies, you may need to get the legal right to deal with their property, money and possessions – known as their estate. To do this in England and Wales you may be able to apply for a Grant of Representation – known as ‘probate’.
Pension v ISAs – looking into new inheritability rules
Category: Inheritance & isas & pensions & Uncategorized
The choice of which vehicle can provide the best savings returns over time – the Pension Pot or the ISA – is a long talked about topic. Standard Life recently published research which identified and compared tax and interest rate factors in relation to both options. With recent changes to rules governing inheritance, the research has also been updated to compare what can be passed on to family members on death and how tax efficient each method is.
