Why is Estate Planning Important? Estate Planning is not only about distributing your assets; it is about securing your family’s future and ensuring that your wishes are respected after your death. With a proper plan in place, you can be sure that your loved ones are taken care of, and your assets are distributed in […]
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What is Estate Planning? Estate Planning is the process of anticipating and arranging for the management of your assets after you have passed away or once you have lost capacity. Whilst the topic may seem morbid, Estate Planning is essential to guarantee that your final wishes are honoured and your loved ones are provided for.
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How to Save Inheritance Tax When someone passes away in England and Wales, there may be Inheritance Tax to pay. Inheritance Tax is usually paid out of the Estate as a debt before anything is distributed to a beneficiary. The responsibility to pay Inheritance Tax belongs to the Executors, not the beneficiaries. Table of
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Probate vs. Estate Administration – The Basics MWQ Estate Planning After a loved one dies, it can be difficult to understand what steps need taken and how best go about taking them. The following blog post will answer some common questions associated with handling an individual’s estate after they've passed on including: 1. What is
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