Estate Planning

You’ve worked hard to build your business, but now it’s time for you to move on. It’s a profitable business, and you have potential buyers lined up. So far so good. However, simply selling up and taking the money you have worked so hard for will have tax and inheritance implications. So it makes sense […]

Does your estate planning include provision for your teenage or young adult grandchildren? If so, could they do with at least some of that inheritance money now, rather than when you die? Here’s why they might need your help more than ever this year, just to get started. No room at the inn For most […]

Back in July, the UK government made an important change to the law regarding intestacy under the snappily named “The Administration of Estates Act 1925 (Fixed Net Sum) Order 2023”. The change has raised the current statutory legacy in cases of intestacy from £270,000 to £322,000. Rules of intestacy The rules of intestacy lay down […]

If you’re a business owner, you’ve probably thought about who will take over once you retire. It may be family, it may be colleagues, or someone you’ve recruited already with that goal in kind. A business succession plan helps you set out the transition from your full-time involvement in your business. It should cover key […]

Once again, our news channels are full of headlines about the state of the economy, including disappointing inflation figures, the end of cheaper fixed rate mortgage deals, rising interest rates and a whole heap more. Children and young adults are not immune to this torrent of financial woe, especially if they see their parents worrying […]

The recent local elections in England and Wales saw the requirement for proof of ID as a requirement to vote for the first time. The photo ID accepted at the polling station included: Interestingly, the government website stated that “You can still use your photo ID if it’s out of date, as long as it […]