by BTWC Ltd | Oct 21, 2015 | Estate Planning Insights
The facts and figures around Estate Planning and Will Writing are well documented but lets remind ourselves that; - 73% of the UK population do not have a Will - By 2018 it is estimated that over £6 billion will be generated from IHT - The average 'cost of dying' i.e....
by BTWC Ltd | Oct 14, 2015 | Estate Planning Insights
In June 2015, one of the biggest banks in the UK, HSBC sold their Wills & Probate business to a company called Simplify Channel Ltd with the transfer date expected to take place on 30th October 2015. Simplify are a subsidiary of Chorus Law Group Ltd, previously...
by BTWC Ltd | Sep 22, 2015 | Estate Planning Insights
The Telegraph has reported this week that thousands of families may need to review their wills if they want to benefit for the Governments new inheritance tax allowance. It is stated that homes left to children through a discretionary trust will not benefit from the...
by BTWC Ltd | Aug 20, 2015 | Estate Planning Insights
We all have clients who lead very busy lives – all juggling their time and resources to meet the immediate needs of their lifestyles. Often, it can be hard to support the client in identifying that now is the time to stop, take stock and review their current...
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...