Currently, there are around 3.3 million unmarried cohabiting couples in the UK. Yet most legislation focuses mainly upon protecting married couples when it comes to estate planning, meaning that many cohabiting couples face large Inheritance Tax (IHT) charges on both first and second death. This is because unmarried couples do not benefit from spousal exemptions
Nothing tends to focus the mind like a pandemic. It puts everything in perspective, and suddenly makes you wonder whether your existing estate planning arrangements are as effective as you originally thought they were? All in all, a review is in order. So, what should you be looking out for? These are the main areas
Intergenerational wealth preservation and succession planning are always hot topics when we speak with clients. The ability to protect your estate for the benefit of your family is always a key planning priority. Estate planning ensures that no beneficiaries go without, whilst enabling protection from the external factors which impact intergenerational wealth transfer. That is
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