The recent publication of the Terminally Ill Adults (End of Life) Bill into parliament has drawn sharp focus on the public mood on assisted dying and the importance of having the choice about how you die in the event of a terminal diagnosis. The End-of-Life Bill, if...
This month has seen the publication of the Private Member’s Bill into parliament which is intended to enable terminally ill adults in England and Wales to seek medical assistance to end their lives. This is known as ‘physician-assisted dying’. This will be debated...
As a business owner, you’re constantly juggling the demands of growth, profitability, and longevity. This year’s Budget 2024 announcement in the UK has brought particular attention to Business Property Relief (BPR), a valuable Inheritance Tax (IHT) relief for business...
Estate planning is often seen as a one-off task or something reserved for the ultra-wealthy. However, it’s an essential process for anyone looking to secure their financial legacy, protect their assets, and provide for loved ones in the future. One of the most...
The 2024 UK Budget brought significant changes to inheritance tax (IHT) and wealth management that impact farming families directly. With potential shifts in tax allowances, business property relief, and agricultural property relief, now more than ever, a robust and...
When you make your will, you may wonder whether or not you also need to write a letter of wishes. The key distinction is that your will is a legally binding document. While a letter of wishes is not legally binding, it can offer flexibility and guidance to executors...
