How advisers can help business owners with succession planning
Clients may be overwhelmed dealing with the challenges
Royds Withy King
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Wills can now be witnessed via video link
But changes to the UK law are only temporary and concerns have been raised about coercion
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What could IHT reform look like for high net worths?
Changes to inheritance tax have been speculated about, especially if the Labour Party gets into power
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UK taxman collected record £5.4bn from IHT last year
Financial advice firm finds HMRC receipts have risen rapidly since 2014-15
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Non-UK residents hit with capital gains tax changes
Lawyer recommends seeking financial advice regarding offshore structures with any UK property
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One fifth of UK millionaires over 45 will not hand down wealth
Canada Life’s survey highlights people need to have ‘frank and honest’ inheritance conversations
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Bitcoin to become ‘significant feature’ in modern day divorce
The rise of cryptocurrency, and in particular Bitcoin, means divorcing couples may use the currency to hide their wealth from one another, warns a family law expert.