Major changes to inheritance tax (IHT) are proposed by the government’s Office of Tax Simplification (OTS) which could alter your estate planning. Inheritance tax is certainly complicated – especially for a tax that generates relatively little revenue. The OTS has...
More people are now setting up Lasting Powers of Attorney (LPAs), not just those in later life. Often written alongside a will, these important legal documents allow you to appoint one or more trusted representatives or ‘attorneys’ to take charge of your finances...