By having a Lasting Power of Attorney (LPA) in place, business owners can have peace of mind knowing that their affairs will be managed according to their wishes if they are unable to do so themselves.
Trusts can be complex, but when utilised and managed properly, taking expert advice into account, they can serve as valuable tools for achieving effective wealth protection and succession planning.
When a person dies, inheritance tax (IHT) may be payable. The amount of IHT depends on the value of the estate, the identity of the beneficiaries, and the tax-free allowances available.
A Lasting Power of Attorney is an important legal document which can provide peace of mind for you and your family.
The Conservatives are said to be considering scrapping inheritance tax (IHT) in a bid to win votes in the next general election. The suggestion has prompted considerable discussion.
Can an attorney or deputy make gifts on behalf of another person? There are many things to consider when looking after someone else’s money.
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