https://www.pinionglobal.com/top-3-regrets-of-retired-farmers/ #Farmers #Retirement #SuccessionPlanning #IHT #FutureGeneration In life, there’s an easy way or a hard way to do most things. There are countless examples of this in agriculture, and farmers are resilient as the result of facing challenges and overcoming…

https://www.farmdiversity.co.uk/advice/importance-farm-succession-planning #farmSuccessionPlanning #IHT #farmers #SuccessionPlanning #InheritanceTax #FutureGeneration The agricultural industry is incredibly complex, and farming is a time-consuming and demanding role. With so much to do to ensure the farm business runs smoothly, many farmers tend to put “planning for…

https://theplanningbee.co.uk/the-merits-of-a-professionally-drafted-will-protecting-your-legacy-and-loved-ones/ #guide #willwriting #estateplanning #ProfessionalWill #LovedOnes Planning for the future is one of the most responsible steps you can take, yet many overlook the importance of having a professionally drafted Will. At The Planning Bee, we emphasize the critical role…

https://www.trustribbon.com/blog/the-ultimate-guide-to-preparing-for-your-estate-plan #guide #willwriting #estateplanning #lastwill Preparing for your estate plan may seem overwhelming, but it's an essential step in securing your family's future and ensuring your legacy is preserved according to your wishes. Planning for a scenario where you're no…

https://redwoodfinancial.co.uk/odd-celebrity-will-requests/ #Wills #willwriting #estateplanning Let’s face it. We’re all a bit nosey and like to look at celebrity Wills. Here is a list of some of the strange requests some of the most famous people have included in their Last…

https://www.parfittcresswell.com/wills-probate/wills-probate-trusts/why-make-a-will #IHT #inheritancetax #estateplanning #HMRC Making a Will Making a Will is one of the most fundamental aspects of estate planning and the only legal way to guarantee that your wishes will be fulfilled when you’re gone. Making a Will is…

https://phillips-law.co.uk/insights/phillips-law-urges-local-families-to-plan-ahead-to-reduce-their-inheritance-tax-bill/#:~:text=22%20July%202024,out%20of%20what%20they%20inherit. #IHT #inheritancetax #estateplanning #HMRC The latest figures from HMRC show that Inheritance Tax receipts have risen by 7.2% since last year. By taking advantage of available tax reliefs and planning carefully, families can make sure their loved ones pay the…

https://inheritance-tax.co.uk/avoid-inheritance-tax-under-the-new-2024-rules/ #IHT #inheritancetax #2024 #IHTrules The October 2024 changes to inheritance tax (IHT) rules in the UK have brought new complexities to estate planning. For families with substantial assets, such as pensions and farms, understanding these updates and adjusting strategies accordingly…

https://inheritance-tax.co.uk/understanding-the-new-uk-iht-rules/ #IHT #inheritance #tax In the Autumn Budget 2024, Chancellor Rachel Reeves introduced significant changes to Inheritance Tax (IHT) on pensions, impacting UK-registered pension schemes and Qualifying Non-UK Pension Schemes (QNUPS). Starting April 6, 2027, these reforms aim to bring pensions…