Impartial Financial Planners | IFA | Fee Based | Dentists | Doctors
Providing fee based impartial financial planning services, serving dentists & medics throughout the UK
Tweet Today I want to write on a topic that you may have either addressed recently or some years ago. Then again, you may not have even given it any thought whatsoever. So, have you made a Will? Let’s look at why this is such an important part of anyone’s financial plan. Not Having A [...]
Tweet We have all heard of surveys and reports about nearly or newly retired professionals stating with a smile on their face that they were going to ‘spend the kids’ inheritance’. Many dreams were being fulfilled, involving travel to exotic far flung places, cruising, buying a boat or a Harley Davidson motorbike – or whatever [...]
Tweet With significant inheritance tax benefits for gifts between spouses or civil partners, it makes financial sense for married couples to leave everything to each other on death. However, with the increase in second marriages and step-families, you could experience real tension between wanting to provide for your partner after their death and ensuring that [...]
Tweet Q. I am a married 51 year old surgeon, and have several large pension funds which have built up over many years, with a combined value of around £400k. I dont intend to cash in my pensions until age 60 plus, and have recently turned my attention to the subject of Inheritance Tax. Our [...]
Tweet This week we have a guest article from specialist dental solicitor Edwin Ross. Edwin looks at a new twist for the sole practitioner – Who will get the practice if you die before retirement? Take it away Edwin… Are you a sole practitioner? Have you ever considered what would happen to your practice in [...]
Tweet Not the most enlightening of subjects is it? And not one you’ll probably discuss often, with either friends or family. What’s that I hear you say? Dying. The good news is that I’m not going to take up the next few minutes of your life talking about how we might all eventually leave planet [...]
Tweet Q. My brother and I am concerned about the Inheritance Tax situation regarding our mother. Her estate will be well in excess of £1.2 million, and although I am aware that she can now use our deceased fathers nil rate band allowance which helps, there will still be a tax bill of over £200k. She is now [...]
Tweet As from 1st October 2007 the Mental Capacity Act 2005 came into force, affecting a large number of people, their families and advisers. In particular, one of the biggest impacts came with Lasting Powers of Attorney replacing Enduring Powers of Attorney. It is no longer possible to set up an Enduring Power of Attorney, [...]
Tweet We have many clients who have either bought in Spain or the Balearics, or are thinking about doing so. In the past few years, there have been some changes in how the Spanish government tax those who are UK based and have a Spanish property, although with a change of government this could alter again. [...]
Tweet Since Alistair Darling’s Pre-Budget Speech on October 9 2007, there have been a number of reports in the press stating that will planning using the nil-rate band of the first of a married couple to die will no longer be necessary as you can now transfer the nil-rate band between spouses and civil [...]
