Estate Planning Blog

Inheritance tax can be a complex and often daunting subject for many people. Understanding the various inheritance tax exemptions available can help individuals plan their estates more effectively and potentially reduce the tax burden on their beneficiaries. This article explores the key inheritance tax exemptions, providing clear explanations, practical examples, and actionable advice to help you navigate this important financial topic. What Are Inheritance Tax Exemptions? I

It’s a question I hear all the time - “Steve, should I just give my house to the kids now?” On the surface, it sounds simple and generous. You want to help your children, make things easier later on, and maybe even reduce Inheritance Tax. But the truth is, gifting property is rarely straightforward. It can have significant implications legally, financially, and personally. So before you make any decisions, here’s what you really need to know. Can I give my home to my childr

When it comes to planning your estate, understanding the inheritance tax rules is essential. This knowledge can help you protect your assets and ensure your loved ones receive the maximum benefit from your estate. Inheritance tax can be complex, but breaking it down into manageable parts makes it easier to grasp. This article will guide you through the key points, practical examples, and actionable advice to help you navigate this important topic. What Are the Inheritance Ta

Understanding the financial implications of passing on your estate is crucial. In the UK, inheritance tax can significantly affect the value of what you leave behind. This guide will help you navigate the essentials of UK inheritance tax, offering clear explanations and practical advice to help you plan effectively. Understanding UK Inheritance Tax Basics Inheritance tax is a tax on the estate (property, money, and possessions) of someone who has died. In the UK, this tax is

Inheritance tax can be a complex and often misunderstood topic. Many people worry about how much of their estate will be passed on to their loved ones after they pass away. Understanding the basics of inheritance tax, how it works, and what you can do to plan effectively can help you protect your assets and ensure your wishes are honoured. Understanding Inheritance Tax Basics Inheritance tax is a tax on the estate (property, money, and possessions) of someone who has died. In

Understanding the complexities of inheritance tax in the UK can be daunting. Many people are unsure about how much tax their estate might...

When planning your estate, one of the most important considerations is how to reduce inheritance tax legally. This tax can significantly...

Inheritance tax can be a complex topic for many people in the UK. It involves rules about what happens to your money and property after...

To claim an inheritance tax refund, typically due to overpayment caused by assets (like property or shares) being sold for less than...

By Steve Bish MSWW FInstPA CILEx If you’ve recently lost someone close to you and you’ve been asked to act as their executor, first of...

If there’s one thing I wish more people understood, it’s that Lasting Powers of Attorney (LPA) isn’t just for later life it’s about...

Steve Bish, Founder of S Bish Estate Planning writes, With 20 years experience in Estate Planning I’ve seen first hand how the loss of a...

If you have been appointed as an attorney under a Lasting Power of Attorney (LPA), the time may come when you need to sell the property...

Steve Bish MSWW Fellow IoP CILEx also shares advice on how to best avoid falling victim to a dispute An expert in estate planning has...

INCREASING numbers of people are now making plans in their Will for what they’d like to happen to their pets, a leading expert has...

People are increasingly leaving a digital legacy after their death, as well as digital assets.

Having a Will in place gives most people great peace of mind, but it is important to review the document from time to time.

There may be a situation where you want to leave an inheritance to your children but you have concerns about their spouses being able to...

By Steve Bish MSWW FInstPa CILEx Most of us know that it is important to make a Will to ensure that our estate is passed on to those we...

Steve Bish MSWW FInstPa CILEx Dealing with someone’s estate after their death can involve a number of different probate terms. Today at S...