Parents are putting their standard of living in retirement at risk by helping children onto the housing ladder, a new report has revealed. Collectively parents gave £6.3 billion last year – an average of £24,100 per family – meaning they would rank 10th if they were a mortgage lender. The report, from Legal & […]

  COPING with the aftermath of a loved one’s death is hard enough without the added stress of financial pressures relating to Inheritance Tax (IHT). Yet bereaved families are finding themselves forced to pay high rates of interest on outstanding IHT bills because of lengthy delays with the granting of probate. An investigation by Telegraph […]

  Childless couple are being unfairly penalised by Inheritance Tax (IHT) rules in what Family Estate Planning’s director Andy Pulford has called a “glaring inequality”. Andy said the current rules penalise people who do not have children and are “completely unfair”. He is urging the Office of Tax Simplification to address the issue as it […]

  The number of people registering a Lasting Power of Attorney has more than doubled in the past three years, according to the Office of the Public Guardian (OPG). Registrations of Lasting Powers of Attorney (LPA), which allow people to choose someone they trust to take care of their health or financial affairs, have reached […]