by BTWC Ltd | Jan 29, 2018 | Estate Planning Insights
Still unclear on what the Residence Nil Rate Band is about? Here's what you need to know..... What is the Residence Nil Rate Band (RNRB)? The RNRB is an additional allowance for inheritance tax. It applies in addition to the existing IHT Nil Rate Band (NRB), which is...
by BTWC Ltd | Nov 28, 2017 | Estate Planning Insights
As an IFA, broker or Estate Planner you may not have really considered General Data Protection Regulation (GDPR) so far (implemented on 25th May 2018). But it’s important to have an awareness of what’s involved so you can make changes if you need to do so. Here are 8...
by BTWC Ltd | Nov 21, 2017 | Estate Planning Insights
This best practice is adhered to by many professionals in the industry, but it is becoming more common for a local authority to challenge a trust on the grounds of ‘deliberate deprivation of assets’ and succeed in getting them overturned. That’s why it’s crucial a...
by BTWC Ltd | Oct 16, 2017 | Estate Planning Insights
Whilst there is an increase in the number of people who decide to co-habit together, the understanding of what happens to property and assets if one partner dies is still misunderstood. If you have a client who lives with their partner and they have decided they don’t...
by BTWC Ltd | Oct 3, 2017 | Estate Planning Insights
If you are providing a Lasting Power of Attorney (LPA) service to a client (who will be the Donor), then it’s important they and whomever they choose as Attorney(s) fully understand the role. The role of an Attorney could vary greatly and it’s essential that before...
by BTWC Ltd | Aug 31, 2017 | Estate Planning Insights
The priority for most of us when we die, is to ensure that our loved ones inherit from us, and that our assets pass safely to them, without risk of being lost. This may not always be as simple as we would wish. Assets may be ‘lost’ in a number of ways; one of which...
