No Will, No Family – So Who Gets It All?

No Will, No Family – So Who Gets It All?

What Is Intestacy? Intestacy arises when a person dies without a valid will. In such cases, the distribution of their estate (property, savings, possessions, etc.) is determined by a set of legal rules known as the rules of intestacy. These rules vary depending on the...
Protecting Your Assets with an Irrevocable Trust

Protecting Your Assets with an Irrevocable Trust

In an era of financial uncertainty and ever-evolving legal landscapes, protecting your assets has never been more crucial. One of the most effective ways to ensure that your wealth is safeguarded for future generations is through the establishment of an irrevocable...
What is the Annual gift exemption in the UK?

What is the Annual gift exemption in the UK?

Annual gift exemption in the UK, what is it? In the United Kingdom, the annual gift exemption allows individuals to give gifts of up to a certain value each tax year without incurring any inheritance tax (IHT) liability. The annual gift exemption in the UK is £3,000...
Gifting Assets During Your Lifetime

Gifting Assets During Your Lifetime

Gifting assets during your lifetime is a proactive strategy aimed at reducing the size of your estate, potentially minimising the assets subject to probate upon your death. By transferring ownership of assets to your chosen beneficiaries before your passing, you can...