UK Register of Overseas Entities

UK Register of Overseas Entities   The UK has introduced, by virtue of the Economic Crime (Transparency and Enforcement) Act 2022, The Register of Overseas Entities (ROE).   The Act requires for any non-UK entity owning (freehold or leasehold) land / property / real-estate in the UK to register beneficial ownership information.   Firstly, only […]

UK Autumn Statement 2022 – Ralstan Review

The UK Autumn Statement 2022   Due to the chaos of the previous Prime Minister and so called Trussonomics, everyone was eager to see what is in store for us from the UK Autumn Statement on 17th November 2022.   According to the Financial Times, Jeremy Hunt was planning a raid on Inheritance Tax (IHT) […]

Engaging with Children of Asset Rich Boomers ( CARBs )

Managing The CARBs – Intergenerational Estate Planning   Following on from our article on planning for the Asset Rich Boomer ( ARB ) Generation, we are seeing a significant amount of discussion surrounding the topic of intergenerational planning. How do advisers engage with the next generation of clients, the Children of Asset Rich Boomers – […]

Planning For The Asset Rich Baby Boomer Generation

Intergenerational Estate Planning Financial Advisers and Planners oversee a large share of the UK’s wealth management industry. Increasingly, attention is now turning to those individuals who, for many years, have built up their wealth through assets like property and businesses rather than savings and pensions. The Asset Rich Boomer (ARB) Generation.  Typically, the Baby Boomer […]

Inheritance Tax Ripe for Reform – Tax and Estate Planning

What is in store for UK Inheritance Tax (IHT)? HMRC collected a record sum of £5.4 billion in Inheritance Tax for 2018/2019. Before the Global Pandemic, there had been rumblings of IHT reform specifically from the All-Party Parliamentary Group. Suggestions included; Flat-Rate Gift Tax CGT Tax Free death uplift – abolished? Annual gifts exemption of […]

Professional Trustee Services

Should I use a Professional Trustee for my Family Trust? Having taken the time and effort to select the best vehicle for their estate planning, clients also want to ensure the right people benefit from their money.  Transferring assets into a trust, with a professional trustee, helps to ensure the assets go to the correct [...]

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