Keeping your Will up to date

With 7 billion people in the world and 66 million in the UK you imagine that estate planners would be run off their feet writing Wills but the truth is that it is estimated over half the population of the UK don’t have a valid Will (the researched figure from a recent Royal London study is around 54%). So if you do have a Will, first of all well done – because writing a Will is one of the most important things you can do to control the distribution of your estate and protect your family should the worst happen.
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The Protective Property Trust – Protect your assets for your children

Imagine the following family situation: Fred and Wilma, a happily married couple, one daughter, Pebbles. They want to make mirror Wills leaving all to their daughter Pebbles when they die. However, I point out to them that, if Fred dies young, Wilma could fall in love with (say) Barney, who has a son Bam Bam. She could change her Will to dilute Pebbles’ share. A similar situation could arise if Wilma died young. What would be the solution? A Protective Property Trust. Here is how it works A Protective Property Trust is a Trust that is put into the Wills of a couple so
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What can we expect from a Conservative Government following the General Election?

This week we are taking a look at the key pledges made by the Conservative party and what we can expect from them in the next five years, a lot of which was included in the recent Queen’s speech (May 2015). They have promised to: Increase the Inheritance Tax threshold on family homes to £1 million by 2017. There are promises of a new transferable allowance of £175,000 per person for married couples and civil partners when their main residence is passed down to children on death – this will come on top of the existing £325,000 tax free allowance
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