by BTWC Ltd | Jul 22, 2015 | Estate Planning Insights
The BBC has reported that the Governments flagship policy to cap care costs in England will be delayed until 2020. Cost were proposed to be limited to £72,000 for the over 65’s and younger adults with disabilities from April 2016, but this was, of course, with...
by BTWC Ltd | Jul 14, 2015 | Estate Planning Insights
As we all start to digest the detail from the recent summer budget announcements, the much anticipated changes to inheritance tax thresholds was finally confirmed. At present, inheritance tax is payable at 40% on the value of an estate in excess of the tax free...
by BTWC Ltd | Jun 30, 2015 | Estate Planning Insights
Brussels IV Regulation No. 650/2012 You may be aware that under the new EU regulation, effective 17 August 2015, a testator may choose whether the law applicable to their succession should be that of their habitual residence or that of their nationality, even if that...
by BTWC Ltd | Jun 17, 2015 | Estate Planning Insights
A Family Settlement Asset Trust (FSAT) is a discretionary trust usually coupled with a life interest used to protect assets which may be property, cash, bonds and so on. It is usual for the settlors to reserve the right to use the assets (for example, occupy property)...
by BTWC Ltd | May 21, 2015 | Estate Planning Insights
We found an interesting article on www.mortgageintroducer.com this week reporting that Lasting Power of Attorney (LPA) applications are set to rise by 12% this year. Undoubtedly this makes sense as more and more of us have ever complicated financial affairs later in...