by johnireland | Estate Planning Essentials
The Problem Most wills are written when children are young. But children grow up — they marry, divorce, start businesses, accumulate debts, and have children of their own. An estate plan that was right ten years ago may no longer protect them today. Key Risks to...
by johnireland | Estate Planning Essentials
Why Review Now? Tax thresholds are frozen until 2030-31. Business Property Relief is capped. Capital Gains Tax rates have risen. If your estate plan was written before the Autumn Budget 2024, it may contain assumptions that are no longer correct. A simple review of...
by johnireland | Estate Planning Essentials
You updated your Will after the divorce. But did you update your pension nomination? Most people do not — and the consequences can be devastating. Pension death benefits and life insurance payouts are typically controlled by nomination forms, not by your Will. These...
by | Estate Planning Essentials
A great deal of unnecessary inheritance tax is paid simply because families do not understand what reliefs and thresholds are available to them. That is why inheritance tax allowances explained clearly can make such a difference, especially if you own property, run a...
by johnireland | Estate Planning Essentials
Estate planning failures are often administrative rather than legal. Families frequently inherit confusion, delays and financial friction because asset information, liabilities and ownership structures were never organised during the owner’s lifetime. Most estate...
by johnireland | Estate Planning Essentials
Estate problems are not always caused by tax. Increasingly, the greatest delays arise from fragmented information, inaccessible accounts and incomplete asset records that leave families struggling to identify what exists. Modern wealth rarely sits in one place. A...
