Day: July 1, 2021

Giving away money from your estate to reduce your Inheritance Tax bill Read more: https://www.which.co.uk/money/tax/inheritance-tax/inheritance-tax-planning-and-tax-free-gifts-aw1mb2n7snwx – Which? An outright gift falls into one of two

Considerations when making a Will Thinking about death isn’t easy. Talking about it is even harder. The reality of our own mortality is a tough

‘Ring-fencing’ assets to protect family wealth for future generations Trusts are used to protect family wealth for future generations, reducing the inter-generational flow of Inheritance

Held for the benefit of a specified beneficiary Bare Trusts are also known as ‘Absolute’ or ‘Fixed Interest Trusts’, and there can be subtle differences.

Wide class of potential beneficiaries With a Discretionary Trust, the settlor makes a gift into Trust, and the trustees hold the Trust fund for a