At Continuum we are looking at the cost of inheritance tax, or IHT and at ways to avoid the taxman being the biggest beneficiary of your life insurance.
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All posts tagged: inheritance tax planning
What if it goes to probate?
The loss of a close relative can be traumatic, and things can be very much worse if there are financial questions. Probate is the process of answering those questions and conjures up images of Dickensian courtrooms, long and protracted legal arguments and delays, where long lost relatives fight over assets and everybody loses apart from the lawyers.
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A fresh look at estate planning
There is something else we need to look at – planning how we will transfer our wealth to the next generation when we will be using it no more. This is estate planning. Like every other aspect of finances, in the wake of the coronavirus, it may need a fresh look.
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Your family, your future, your Will
We all know we need to make a Will, but as many as 60% of UK population seem to put it off, probably because they prefer to believe that there is plenty of time to make the arrangements they need.
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What is pension tax relief?
According to the government’s last review into pension tax relief, its primary purpose is to strengthen the incentive to save. But what exactly is pension tax relief, how does it work, and can you make it work any harder?
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