Month: March 2025

Making a Will

A pivotal component of estate planning

Your Last Will and Testament is an essential document that clarifies and controls how your estate will be handled after your death. It allows you to make detailed decisions about who should inherit your wealth, ensuring that your wishes are carried out smoothly and effectively.
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Preparing a Will

Peace of mind and clarity for your loved ones during challenging times

Preparing a Will is an important step in ensuring that your assets are distributed according to your wishes after your death. It offers peace of mind and clarity for your loved ones during challenging times.
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Integrating a Power of Attorney

Safeguarding your wishes, maintaining control and providing certainty

Estate planning encompasses much more than merely deciding who inherits your assets. It serves as a means to safeguard your wishes, maintain control and provide certainty for your loved ones. One of the most vital components of an estate plan is the inclusion of a Power of Attorney (POA). This legal document ensures that a trusted individual is authorised to make crucial decisions on your behalf when you are unable to do so.
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Private pensions inherited by beneficiaries will no longer escape IHT

How the changes to private pensions could impact your legacy

For years, private pensions have offered a tax-efficient way to pass on wealth to loved ones. Currently, any money left in a private pension fund upon death is exempt from Inheritance Tax (IHT). However, this long-standing benefit is set to end. Following announcements by the Chancellor of the Exchequer, from April 2027, private pensions inherited by beneficiaries will no longer escape IHT.
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Vital steps in effective estate preservation

How to ensure your hard-earned prosperity benefits future generations

Many of us work diligently to achieve financial independence. Whether it stems from years of hard work, savvy investments or an inheritance, building wealth is an accomplishment to be proud of. However, with this achievement comes a responsibility – to ensure your hard-earned prosperity benefits future generations without being severely diminished by taxation, particularly Inheritance Tax (IHT).
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