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Estate planning

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Intergenerational Planning

Intergenerational Planning

Julie Hunt
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If we were to ask you where you would like your home and money to go when you pass away, you’ll probably say to your family, and that is no surprise. You have worked hard to earn what you have and besides, it’s a parent’s prerogative to look after their children no matter what their…
End of the tax year

What to do before the end of the tax year

Julie Hunt
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April will be here before we know it. And with it comes a new tax year. There’s just enough time between now and April 5th to take action to make sure your money is working as hard as possible for you. Here’s a handy checklist to work through: 1) Use up your ISA allowance An…
The importance of writing a will

Why is it important to have a will?

Julie Hunt
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We talk a lot about planning for your future. Whether we’re discussing pensions, highlighting the true cost of retirement or making sure you’re prepared for old age care. It’s an important thing to do. Today we are going to focus on another area: Why it’s important to have a will Writing a will is one…
Death-Tax

New ‘Death Tax’ Charges

Julie Hunt
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Whilst everyone has been distracted by Brexit, the government have been busy putting through a new, so-called, ‘Death Tax’. It could see families having to pay up to £6,000 after the passing of a family member. Despite the name, the increased charge is technically a fee. By labelling it as a fee rather than a…

Crowdfunding for funerals is on the rise

Julie Hunt
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It’s not something most of us like to think about. But we are all going to need a funeral one day. There is a worrying indication that, despite the inevitability of it, people are failing to plan how their funerals will be paid for. There has been a huge rise in the number of families…

Health and Welfare Lasting Power of Attorney: An Overview

Julie Hunt
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We often write about planning for your future and this post is no different. But it is quite a tricky area. Imagine you were no longer able to make decisions for yourself. A terrifying thought, but a reality for an increasing number of people, particularly the elderly. There are 850,000 people with dementia in the…

Memorialise your Facebook account

Julie Hunt
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As financial planners, some of the work we do is related to planning for what happens when you die. It might not be the most cheerful topic, but there’s certainly plenty to think about. But with so many of us sharing our life with friends and family on Facebook these days, here’s something you might…

Helping your child become a millionaire!

Julie Hunt
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Last month, we wrote about how to save for your children. You may have heard of some of the options – junior ISAs, bonds, trusts – before. But we left you with a tantalising promise to let you know how you can help your child become a millionaire. Well, here’s the lowdown. Pensions for children…

What is the Residential Nil Rate Band?

Julie Hunt
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New inheritance tax rules could save your family £140,000. That’s worth knowing about. The number of UK families being affected by inheritance tax (IHT) has been on the increase. The rise in property prices has pushed thousands of unsuspecting families over the old tax-free thresholds, making them liable to the hefty 40% IHT charges. The…
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