Tag Archives: family

Separate futures: sharing pensions on divorce

Lots of thought goes into combining a couple’s finances. And the longer a marriage, the more finances become entwined. If they’ve decided on divorce, a lifetime of assets will need to be divided – and not just joint bank accounts and household bills, but also pensions. It can be tempting to ignore pensions, due to [...]

Behind the headlines: Later life planning

Changes to National Insurance Contributions could signal a change in how we will pay for our future care. With most of us not knowing whether we’ll even need care, Clive Barwell and Matthew Bell keep us updated on the challenges of paying for late life care.

Having the inheritance conversation

Passing on wealth to future generations is a major motivator for many financial planning clients. The knowledge that they’re supporting their children and grandchildren with important life milestones, such as getting married, going to university or buying a house, can be very rewarding. Younger people also expect to inherit money and research suggests that they’re [...]

What to do when someone dies

What does the executor need to do next? How do you register a death? How do you obtain probate? All this, and more about the costs associated with passing on an estate from Wren Sterling’s Head of Later Life Advice.

Resolving financial issues in family disputes

Disputes over matrimonial assets, arrangements for children, or in situations where parties are not married; in these scenarios Claire Colbert, Family Lawyer at Freeths explains the options available to parties hoping to resolve financial disputes.

How can you save Inheritance Tax (IHT) on your home?

Structuring your estate correctly can lead to big savings if you understand the complexities of inheritance tax Currently all individuals in the UK have a nil rate band of £325,000 each. This means that on death, if the value of your estate (all your cash, assets, investments and personal chattels) is less than £325,000 (or [...]

Using trusts to preserve wealth for future generations

Varied and versatile, your adviser may discuss trusts with you when making their recommendation. They’re a useful part of an adviser’s tool box – allowing you to set aside assets for specified beneficiaries. Find out more about how they can be used, and the controls you can set.

  • 1
  • 2