It's time to talk about estate planning

Helen Morrissey
clock

Helen Morrissey reveals the results of this month's Inquiry and explains why there has never been a more important time to think about estate planning

Massive house price inflation over the years means more families than ever before could find themselves subject to inheritance tax (IHT). This situation will only grow worse now that the IHT threshold has been effectively frozen at £325,000 until at least 2015. Estate planning processes such as making wills and using trusts can all play a part in saving clients vast amounts of money. It also gives them the peace of mind of knowing who will benefit from their assets when they are gone. However, such processes are often ignored by clients or else not undertaken until it's too late. T...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •