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Alexandra Frumosu
 

Bereavement Standard campaign gathers momentum

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Bereavement Standard campaign gathers momentum #BereavementStandardcampaign Campaigners have brought to the attention of parliament the lack of cross-department communication when someone dies. The campaigners are seeking the creation and implementation of...

Will there be tax increases following succession planning changes for farmers in the Spring?

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Will there be tax increases following succession planning changes for farmers in the Spring? If you have a farming business, and you're thinking about one day passing it on and keeping it in the family, you may have given a passing...

Farm succession planning is not always easy

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Testamentary decisions can be difficult under normal circumstances with people finding it challenging to discuss the topic because of family tensions and disagreements. Add a farm into the mix and it's a perfect storm. One solution is putting in place a...

Wills Discovered in Lloyds Bank Vault

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Wills discovered in Lloyds Bank vault The Financial Times reported recently that Lloyds Bank has discovered approximately 9,000 Wills in storage that they did not know they had As a result, many estates may have been distributed incorrectly and not...

Dementia: Can You Plan For It?

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Can you plan for Dementia? Recently, the Office of National Statistics published a new report regarding the number of deaths attributed to Dementia which shows a dramatic increase in recent years. They confirmed that up to 12.8% of all deaths...

Is Change Coming to APR and BPR?

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Agricultural Property Relief ( APR ) and Business Property Relief ( BPR ) are set to undergo changes.. For many years, rumours have been going around that Agricultural Property Relief (APR) and Business Property Relief (BPR) will be...

Buying With Friends: Yay or Nay?

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Buying with friends- yay or nay? With house prices increasing over the past decade, more and more people find it difficult to get on the property ladder. Because of this, a new trend is shaping up - co-buying with friends. But is this a good idea? Some...

Parents gifting to children in bid to reduce IHT on death

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A recent report by Direct Line shows that, in an attempt to reduce inheritance tax, 1/5th of parents have made gifts to their children. The idea being that their estates would be reduced and the families will not have to pay inheritance tax on their death. ...