Chartered Financial Planner
I am an active member of the CII and the Personal Finance Society (PFS) and believe strongly in their code of ethics and only doing the right thing for my clients.
Trusts are an extremely useful financial planning tool. A trust fund is a legal entity that is frequently used by the rich, but many ordinary households are unaware of how they can help with estate planning to protect assets and mitigate tax. Here are 10 things you need to know about trusts. 1. Trusts are not…
If you’re an expat looking to calculate property taxes in UK regions, this guide will help you through the process step by step. These simple tips will help take the mystery out of understanding how much your property tax will be. Calculating this amount can be confusing and complicated, but it doesn’t have to be.…
Here we take a fictional couple, Barry and Joan, both of whom are UK domiciled, and show how setting up a discounted gift trust reduced their IHT liability from £204,000 to £26,000. Reducing inheritance tax: a case study of a UK-domiciled couple The situation: Barry, 65, and Joan, 63, were both born in the UK…
This blog post is the first in a series of five, based on the webinar, explaining everything you need to know about trusts. What is a trust? A trust is simply a ‘vehicle’ or wrapper that holds and owns assets on behalf of a beneficiary. A trust involves three different parties: The settlor provides the funds for…
While there is a long tradition of the wealthy giving their money away to make life better for the less fortunate – perhaps most famously Bill Gates, who has given away an estimated $28billion to his foundation which is dedicated to improving education and helping people to lift themselves out of poverty – many super…