Posts tagged “Wills, Estate Planning, Lasting Power of Attorney”

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Will writing trends in 2024

Posted on 11th April 2024

A recent report highlights current trends involving Will writing and Lasting Powers of Attorney (LPAs). The review looked at over 200,000 Wills and 140,000 LPAs.

Inheritance tax affects more families as property values rise

Posted on 20th December 2023

the price of a family home is increasing, adding to inheritance tax paid by many families.

Since the 2009/10 tax year government receipts from Inheritance Tax (IHT) have increased, reaching over £7billion in 2022/23. By 2027/28 the figure could reach £8.4billion.

These dramatic increases are largely due to rising property values and the continued freeze on inheritance tax thresholds. This means more estates than ever exceed £325,000 when 40% IHT comes in to effect.

Understanding government proposals for tax on pensions

Posted on 25th September 2023

There are plans to revise the pension and inheritance tax system. HM Revenue & Customs (HMRC) is also proposing changes to exemptions for people who inherit pensions. You and your benficiaries could lose more funds from your back pocket.

New pension tax and inheritance rules could take more funds from your back pocket

How to keep your cryptocurrency safe

Posted on 11th August 2023

There are almost 9,000 active cryptocurrencies. You’ve probably heard of ones like Bitcoin and Ethereum. They are popular because governments and banks don’t control them.

However, holding and managing cryptocurrency investments isn’t straightforward.

Getting to know Angela

Posted on 30th November 2021

One of the first people I had a 121 with when I first joined BNI Sterling was Angela Stokes from Angela Jane Will Writing. A lovely human being with fascinating pastimes ...