by johnireland | Articles
In the pursuit of securing a financially stable future for our loved ones, proper estate planning can’t be overlooked. By writing a will, individuals like Entrepreneur and Business-minded can ensure that their assets are distributed according to their wishes,...
by johnireland | Articles
In the United Kingdom, managing inheritance tax (IHT) is a significant concern for many as they plan their estate. The introduction of the Residential Nil Rate Band (RNRB) in April 2017 has been a welcome development, providing substantial tax relief for families...
by johnireland | Articles
In the intricate landscape of estate planning, understanding property ownership, long-term care fees, and the legal nuances of Deprivation of Assets in the UK is crucial for anyone looking to secure their financial future while ensuring adequate care in their later...
by johnireland | Stealth Tax
In the complex landscape of estate protection, the savvy navigation of trust taxation becomes indispensable, especially when asset values slice through the nil-rate band’s threshold. In the United Kingdom, where trusts serve a centuries-old tradition of wealth...
by johnireland | Inheritance Tax
In the UK, Inheritance Tax (IHT) can impose a significant financial burden on the estate you plan to leave behind for your loved ones. Utilising life insurance strategically can help manage or mitigate the impact of IHT, ensuring that your beneficiaries receive the...