by LG Mae | Nov 10, 2023 | Social Updates
Tax free inheritance is an important part of estate planning. It helps to ensure that the assets of a deceased person are passed on to their intended beneficiaries with minimal or no tax implications. This can be done through trusts, wills, and other legal...
by LG Mae | Sep 10, 2023 | Social Updates
Intestacy for single people in the UK refers to the situation where a person dies without leaving a valid will and is not survived by a spouse or civil partner. In such cases, their estate will be distributed according to the rules of intestacy. Under the intestacy...
by LG Mae | Aug 10, 2023 | Social Updates
In the UK, Inheritance Tax (IHT) is a tax levied on the estate of someone who has passed away. The value of the estate is calculated by adding up all the assets owned by the deceased, including property, money and possessions and then subtracting any debts and funeral...
by LG Mae | Jul 10, 2023 | Social Updates
Inheritance and mortgages are two important financial concepts that can impact the financial well-being of individuals and families in the United Kingdom. Inheritance in the UK refers to the transfer of assets and property from a deceased person to their...
by LGAdmin | Jun 10, 2023 | Social Updates
A Protective Property Trust (PPT) is a legal arrangement that allows you to protect your property from being taken away after your death. It enables you to keep control of your assets and make sure they are passed on to the people or organizations that you choose....
by LG Mae | May 10, 2023 | Social Updates
If a person requires long-term care in a home, they may need to pay for the fees themselves, depending on their assets. The available options for paying care home fees are self-funding, local authority funding, NHS continuing healthcare and equity release. It’s...