An Estate Planning Business – your next career move?

        If you’re looking to diversify into a new business area, or wish to establish a new business for yourself that you run and make all the decisions on then becoming an Estate Planner could be appealing for a number of reasons. Estate Planning is a credible an

Lasting Powers of Attorney refund by the OPG

Lasing Powers of Attorney refund scheme A refund scheme for those who have been overcharged for their power of attorney registration has been launched by the Ministry of Justice. The charge for LPA registration is only supposed to cover the cost of the service, but clients were over-c

Residence Nil Rate Band – what you need to know…..

Still unclear on what the Residence Nil Rate Band is about? Here's what you need to know.....           What is the Residence Nil Rate Band (RNRB)? The RNRB is an additional allowance for inheritance tax. It applies in addition to the existing IHT Nil Rate Ban

New Funeral Plan Range

            BTWC launch new Funeral Plan range Estate Planning services professionals, Beneficial Trust & Will Company (BTWC), are very pleased to be launching their new funeral plan range in partnership with Silver Clouds Funeral Planning. The new ra

8 factors to consider for GDPR

        As an IFA, broker or Estate Planner you may not have really considered General Data Protection Regulation (GDPR) so far (implemented on 25th May 2018). But it’s important to have an awareness of what’s involved so you can make changes if you need to do so.

Is a Family Settlement Trust an option for your clients?

        This best practice is adhered to by many professionals in the industry, but it is becoming more common for a local authority to challenge a trust on the grounds of ‘deliberate deprivation of assets’ and succeed in getting them overturned. That’s why it’s cr

Cohabitation and inheritance rights

        Whilst there is an increase in the number of people who decide to co-habit together, the understanding of what happens to property and assets if one partner dies is still misunderstood. If you have a client who lives with their partner and they have decided

Lasting Power of Attorney – The role of the Attorney

If you are providing a Lasting Power of Attorney (LPA) service to a client (who will be the Donor), then it’s important they and whomever they choose as Attorney(s) fully understand the role. The role of an Attorney could vary greatly and it’s essential that before agreeing, all aspec

Why a Property Protection Trust could be an option for your clients

The priority for most of us when we die, is to ensure that our loved ones inherit from us, and that our assets pass safely to them, without risk of being lost. This may not always be as simple as we would wish. Assets may be ‘lost’ in a number of ways; one of which might be to pay for

Is a Family Settlement Asset Trust the Right Solution For You?

Many of you will have seen the recent article from the BBC regarding the use of Trusts for the primary reason of avoiding care fees. This relates to a particular company actively promoting a specific type of trust advertised explicitly for the avoidance of care fees. As experienced an