How putting your life insurance in trust could save your loved ones time, stress, and a hefty tax bill Nobody likes thinking about what happens when they're gone. But if you have a life insurance policy and you haven't thought about how that money will actually reach your family, this is worth five [...]
Making a will is the only way to ensure your money, property, possessions, and investments (known as your estate) go to the people and causes you care about. Let’s look at some top questions… Q: How do I value my estate? Your will should cover your whole estate, so it's a good idea to [...]
Inheritance tax can cost loved one’s hundreds of thousands when you die, yet it's possible to legally avoid huge swathes of it – or possibly pay none at all. The rules around inheritance tax can be hard to understand at first, but it's important to get your head around it. Here are a [...]
There are different types of power of attorney and you can set up more than one. Ordinary power of attorney This covers decisions about your financial affairs and is valid while you have mental capacity. It is suitable if you need cover for a temporary period (hospital stay or holiday) or if you [...]
Ensure your children don't go without after you die Nobody likes to think about death, and even fewer of us like to talk about it, but your plans for your loved ones should the worst happen can be a simple solve. Many of us believe that when we die, our estate, savings and [...]
While writing a will is not necessarily complicated, there are some easy mistakes that can be made that can create a messy and invalid will, so take a look at this selection of helpful tips in creating your will, to ensure your loved ones and your estate are taken care of after you’re [...]
An LPA or Lasting Power of Attorney is a document that allows you to legally appoint someone to act on your behalf, should you become unable to manage your own affairs, they are commonly used when you no longer wish to make decisions or if you no longer have the mental or physical [...]
Did you know this month we get one extra day? Thanks to the leap year. One extra day during what might be an incredibly busy month. PLUS it happens to be on a Saturday (hurray!). So, I'm going to throw a spanner in the works and ask you a somewhat unusual question. What would [...]
