Wayne Barnett FCA | MIPW | STEP AffiliateAug 1, 20222 minWhat is Probate?Probate [Latin for Proof] is the legal process to deal with someone’s property, money and possessions (their ‘estate’) when they pass away.
Wayne Barnett FCA | MIPW | STEP AffiliateJul 20, 20222 minCohabiting: Owning a Property as an Unmarried CoupleIn the last 20 years the number of people over the age of 70 cohabiting with partners has increased, potentially putting their homes at risk
Wayne Barnett FCA | MIPW | STEP AffiliateMar 3, 20223 minPotentially Exempt Transfers (PETs)Potentially Exempt Transfers enable individuals to give gifts exempt from UK Inheritance Tax if they survive for 7 years afterwards.
Wayne Barnett FCA | MIPW | STEP AffiliateDec 14, 20202 minInheritance: 'tis the Season for GivingThere are tax advantages in passing on wealth during lifetime, especially if the parent is UK domiciled or is somehow subject to UK IHT.
Wayne Barnett FCA | MIPW | STEP AffiliateNov 7, 20192 minBritish Expats Can Remain UK Domiciled Without RealisingWhen a British expat remains UK domiciled, it can result in their estates being liable to UK Inheritance Tax (IHT) at 40%.
Wayne Barnett FCA | MIPW | STEP AffiliateOct 30, 20192 minHow to Save 10% on UK Inheritance TaxLeaving a part, or your entire estate to charity can reduce, and in some situations, eliminate the Inheritance Tax liability entirely.
