Report confirms importance of North West private rental sector
New data has been published by PwC. It shows that the North West’s private rental sector (PRS) now contributes around £4 billion GVA (gross value added) to the
Understanding how to value an estate
Depending on its total value, inheritance tax may need to be paid on an individual’s estate when they die. In this blog we’ll take a closer look at how estates are valued to assess how much tax must be paid. What is an estate comprised of? An individual’s estate is made up many different assets. […]
What assets make up an estate?
If you’ve investigated how much inheritance tax (IHT) your loved ones are likely to pay when you die, you may be confused by what assets are subject to this levy. While you might understand that IHT must be paid on your estate, what is included may not always be clear.
Common estate planning myths debunked
Estate planning is designed to ensure that when a person dies, more of their wealth passes on to their loved ones, ensuring they are provided for. Despite this, many people are unaware of how useful such plans can be. Read on as we examine some common myths regarding estate planning.
How wealth managers help with estate planning
Estate planning allows people to put a clear plan together that details their specific wishes regarding how they would like their estate to be handled upon their death. This ensures that the individual looking after the estate can make sure that all requests are carried out to the letter.
What are the key elements of estate planning?
Estate planning empowers people to create a clearly defined plan that details their wishes regarding how they would like their personal estate to be managed upon their death. The role of an estate plan is to make sure that when this event occurs, those charged with managing an estate will carry out these instructions correctly […]
It’s all in the preparation…
Getting your affairs in order and planning what you want to pass on to loved ones, whether it’s while you’re alive or after you’ve passed away, is really important. Not only does it mean that your wishes can be carried out but it can also help reduce the emotional and financial burden on loved ones at an already difficult time. […]
5 conversational topics about inheritance to have with your loved ones
We know inheritance and what needs to happen once you pass is never an easy conversation to approach, therefore we offer 5 ways in which you could make the conversation a little easier. 1. The importance of an up-to-date Will When you are making a Will, this is a good time to talk to your family […]
Your options for passing on your wealth
You’ve worked hard all of your life to get to where you are, and providing for those you care about is important to you. However, just owning your own home and having sufficient capital to provide a reasonable income during your retirement may leave your estate with a sizeable IHT liability. If you want to […]
