Client blog: What happens to my debt when I die?
The period after the death of a loved one is a difficult time; and many people prefer to avoid thinking about it in advance. There are many challenges to consider; not only the emotional difficulties, but also the administrative duties that will need to be dealt with. An example of this is when the deceased […]
Aaron & Partners Head suggests rumours of inheritance tax scrap ahead of Spring Budget will only ‘benefit those with capital in excess of £1M’
Ahead of the Chancellor’s budget tomorrow, an industry head has speculated around ‘tax cuts and rumours around changes to inheritance tax’. Clive Pointon, Head of Wills, Trusts and Tax at Aaron & Partners says that Jeremy Hunt will be implored to ‘address rumours’ claiming that ‘inheritance tax is the obvious issue used to distance the […]
The Estate Registry: Head of UK operations Luke Cheadle talks Tackling the Challenge
Rising property prices can be good news for people selling a house, but in probate cases they can also offer a challenge. The UK’s probate system has long been a subject of contention and concern, and now, with rising house values, this age-old system faces new and amplified challenges. Since 2009, the inheritance tax nil-rate […]
Disrupting Tradition: How Digital Demands Are Reshaping Private Client Practices
In an era where the ‘old man in a suit’ epitomises the pinnacle of trust and expertise for many, a seismic shift is underway, challenging the very foundations of traditional private client practices. Ben Stanway, co-founder of the widely utilised savings and investing app Moneybox, captures this zeitgeist: “One way to give confidence is via […]
Call for £10k gift to 30-year-olds to ‘tackle wealth gap’
A Conservative peer, David Willetts of the Intergenerational Centre thinktank, has proposed a policy for the upcoming government to distribute wealth more evenly across the UK, as reported by The Guardian. This involves granting a £10,000 “citizens inheritance” to all individuals when they turn 30, in response to concerns that an impending wealth transfer of […]
Leaving a Lasting Legacy: World Vision offering free Will-writing this March
In the height of the cost-of-living crisis, money management is an incredibly important topic for everyone to consider, regardless of their age, including Wills and the legacy they will leave behind. Data suggests that legacy giving pledges included in Wills increased by 8.7% year-on-year in 2022*, despite the cost-of-living crisis, so it remains important for […]
