Blog
Buy-to-let properties and Inheritance tax – where do your clients stand?
A common client question: How do Inheritance Tax rules apply for those that own buy-to-let properties? Typically, inheritance tax is payable on buy-to-let properties as they will form part of an estate when a person dies. Inheritance tax is charged by HMRC at a rate...
Social care fee proposal
Before an individual can receive publicly funded adult social care they will be assessed to make sure their needs are high enough and their assets – for example, their savings or home – are low enough. The Government has recently announced that from October 2023...
Prospecting without tears
Does your business need: More income Easier prospecting No risks Free referrals No clawback Do you want access to: Free indemnity cover Ongoing technical product support Regular email updates on sector changes and product knowledge Free zoom seminars Industry...
Lifetime Trusts: prevent Probate, and save time and money
Lifetime trusts are not uncommon and can be an extremely useful tool in estate planning. There are many benefits to creating a lifetime trust and, yes, one of these could be avoiding the need for your executors to obtain a Grant of Probate when you die. A Grant of...
When there is more than one executor
A common question many cients ask is; in the scenario that more than one executor is appointed, should the executors act jointly or can they act independently? If more than one Executor is appointed to act then they must act together as they will have equal...
Key considerations for a Business LPA
As a business owner, it’s important to consider what would happen to your business if you were unable to make decisions. This may be if: you were abroad on holiday or for business you were to have an accident mental incapacity In such circumstances, who will authorise...
When your client’s should review their Will
Here’s your checklist to follow when reviewing a client’s Will. A birth in the family. For example, a child or grandchild. Parents can also use their Wills to appoint legal guardians for their children and choose at what age the children should inherit. Getting...
7 tips for gaining traction with your business social media
Social media is viewed as a key tool to use for communication with existing and potential clients, and is an excellent medium for brand awareness. However, as beneficial as it can be, social media marketing can be very challenging, especially for small and mid-sized...
The questions to ask clients when discussing future plans and Wills
If you’re having a client review, you may well get the opportunity to discuss the need for a Will. To help guide you in the conversation we’ve pulled together the key information and questions to talk to a client about: Did you know making a Will gives you control...