Labour's recent UK election victory could lead to significant changes in inheritance tax (IHT) policies, focusing on wealth redistribution and public funding.
These proposed changes aim to address economic inequality but will require detailed consultations and phased implementation, so it’s vital for legal professionals to stay informed and advise their clients on proactive estate planning strategies.
Labour’s recent UK election victory could lead to significant changes in inheritance tax (IHT) policies, focusing on wealth redistribution and public funding.
These proposed changes aim to address economic inequality but will require detailed consultations and phased implementation, so it’s vital for legal professionals to stay informed and advise their clients on proactive estate planning strategies.
For legal professionals seeking to deepen their understanding of heir hunting, Blanchard’s latest article offers a fascinating insight into this unique and often misunderstood niche.
Read about how they navigate ethical considerations, ensure transparency, and uphold privacy standards to connect people with their rightful inheritance.
In today’s world, UK baby boomers are active and engaged in their communities, they are financially-savvy and, according to Saga’s Generation Experience report, around two thirds of them support charities. Taking care of their family is crucial and – just like most of us – they hope that any inheritance they pass on will be valued and used wisely. In this environment, offering advice on the inheritance tax (IHT) incentives on charitable donations included in their Will takes on even greater significance.
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