If you are considering a marriage later in life what factors should be considered and how can trusts help? What about jointly owned assets and what if this marriage ends in divorce?
The amount of inheritance tax (IHT) paid on gifts has seen a 153% increase since 2011, lawyers are warning people to address their financial planning to avoid being caught out.
Read more on Don’t leave it too late: IHT on gifts skyrockets
Capital gains tax rules are changing to make it easier for divorcing couples to divide their assets after separating without incurring a tax charge. The two taxes most affected by divorce are inheritance tax and capital gains tax.
Read more on Prepare for imminent tax changes around divorce
Television drama has been a necessary diversion during these endless winter weeks of lockdown but a series currently showing on Sunday evenings has provided a useful case study in what not to do if you wish to ensure your family is taken care of following your sudden death.
Read more on “I always told him he needed a good lawyer”