by Dan Woodruff | May 21, 2019 | Business Owner, Financial planning, Getting Divorced, High Income, Illness & personal injury, Managing another person's assets, Planning Your Inheritance, Professional connections, Prudent saver, Receiving Inheritance, Retirement
Your Emergency Fund An emergency fund is a pot of money you should have available for use if an unexpected bill comes your way. This is one of the most important elements of your financial planning. Everyone should have an emergency fund, but most people do not have...
by Dan Woodruff | May 8, 2019 | Financial planning, Retirement
The Safe Withdrawal Rate in Retirement When you approach retirement, you should think carefully about how long your money will last, especially if you plan to use flexible pensions, or drawdown to access your capital. Your retirement goal should be to ensure that your...
by Dan Woodruff | Apr 9, 2019 | Managing another person's assets, Planning Your Inheritance, Receiving Inheritance
PROBATE FEES INCREASE 2019 The UK Government has announced that probate fees will switch from a flat fee to a banded approach. Changes were due to take place in April, and are expected to pass through Parliament soon. The Ministry of Justice has announced that they...
by Dan Woodruff | Mar 20, 2019 | Managing another person's assets, Planning Your Inheritance, Receiving Inheritance
LOGGING INHERITANCE TAX GIFTS One of the best ways to reduce your inheritance tax liability is to make gifts during your lifetime. This article explores how to document these transactions by logging inheritance tax gifts as you go. Ultimately, this will save a lot of...
by Dan Woodruff | Feb 26, 2019 | Getting Divorced
HOW MUCH DOES A DIVORCE COST IN THE UK? This article aims to answer the question: “How much does a divorce cost in the UK?” To answer this question, we have used insight from divorce solicitor, Lauren Howard, of Holmes and Hills, based in Braintree, Essex....
