They say your home is your castle and the thought of selling and downsizing in retirement doesn’t appeal to some. Your forever home can be very hard to part with, especially if there are lots of memories and wealth built up in the house. However, the wealth tied up...
Tax freezes don’t sound as bad as raising taxes but they can still be just as damaging for your wealth. The government will announce tax freezes as a sneaky way of making it look like they haven’t raised taxes. After all, I’m sure most people don’t like it when their...
It’s getting harder and harder to avoid Inheritance Tax being charged on your home on your death. Inheritance Tax allowances have been frozen for many years and house prices have kept rising. If you are concerned about leaving your children a hefty tax bill then...
Inheritance Tax can be confusing. That’s why many put off having a discussion about it. But Inheritance Tax doesn’t have to be complicated. In this article we’ll go through the basics which will hopefully help you understand your own position in a bit...
How would you feel if your partner, instead of inheriting all of your wealth, lost nearly 50% on your death? Whether you are married or not can have a significant impact on the amount of Inheritance Tax that could be paid. Marriage or being in a civil partnership...
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