Lasting Powers of Attorney

Covid-19 has created a renewed interest in LPAs, as well as Wills.

Everyone wants one, just in case they become one of those unfortunate people hospitalised due to Covid-19.

Apart from the shielding issues of getting the forms signed, the biggest problem is the current wait time of 8 to 10 weeks to get the forms registered by the Office of the Public Guardian.

The forms cannot be used until registered, so if you want to get them in place and start the 8-10 week clock ticking, please do get in touch.

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Is a Lifestyle Trust the right IHT solution for you?

It is getting harder and harder to shelter your assets from the Government when you die, as the Inheritance Tax (IHT) thresholds have not changed since 2009. Continue

Widows/Widowers and Inheritance Tax

Did you know that if a a widow and widower get married, then on their deaths, they may be able to leave up to £2,000,000 to their families with paying Inheritance Tax (IHT)? How is this possible? Continue

Inheritance Tax discounts for jointly-owned property

If you own property with someone else (for example your spouse) when you die, you can claim a reduction in the value of your share for Inheritance Tax purposes. Continue

The Importance of Regular Savings

The number one factor in building a retirement or investment pot is investing regularly over the long-term and keeping it going until the day when you need to draw down on your investments or pension pot. Continue

Inheritance Tax Planning

Trying to pass on as much as your wealth as possible to your children is getting harder and harder, due to the freezing of the IHT (Inheritance Tax) thresholds since 2009. Continue

News, Resources, Insight and Opinion from Browning Financial Planning