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...
by BTWC Ltd | Apr 27, 2015 | Estate Planning Insights
Much has been made of the April 2015 (and anticipated April 2016) changes to the Care Act but really, has that much changed? Deferred Payment Agreements – The Sale of Your Home From April 2015, deferred payment agreements will be available from all councils across...
by BTWC Ltd | Apr 7, 2015 | Estate Planning Insights
The Ministry of Justice has launched a public awareness campaign to encourage people to plan for their and their families’ futures. The purpose of the campaign is to encourage people to think about and talk about what might happen in the event of their death or if...
