Will Protect Estate Planning

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Gifting and Inheritance Tax: What You Need to Know for Estate Planning

This blog, “Gifting and Inheritance Tax: What You Need to Know for Estate Planning” looks in depth at the implications of Inheritance Tax on your estate and gifting to your loved ones as a way to share your wealth.    Planning what happens to your assets after you pass away can feel like a daunting… Continue reading Gifting and Inheritance Tax: What You Need to Know for Estate Planning

Bloodline Wills: 3 questions answered

Bloodline wills: 3 questins answered

Bloodline wills can be put in place to keep your assets in the family when you die. Not just for your children, but for your grandchildren and future generations. Q1. But what are they?   Q2. How do they differ from normal wills?   Q3. And when should they be used?   Like any legal… Continue reading Bloodline Wills: 3 questions answered

#5 steps to reducing your inheritance tax liability

Protecting your estate from taxation when you die can be complex. But reducing your inheritance tax liability isn’t impossible, and there are steps that you can take to mitigate the risk.   Inheritance tax is a tax on the estate of someone who has died. Payment is arranged and made by the executor of the… Continue reading #5 steps to reducing your inheritance tax liability

Christmas Opening Hours

Christmas Opening Hours Christmas is nearly here, so from the team here at Identity Resource we’d like to take the opportunity to wish you and your family a Merry Christmas and a peaceful New Year. Monday 19th December – 9am to 5pm Tuesday 20th December – 9am to 5pm Wednesday 21st December – 9am to 5pm Thursday… Continue reading Christmas Opening Hours

Estate Planning and Second Marriages

In our latest blog, we’re looking at estate planning and second marriages. When your first marriage ends there is much to consider. You may be divorcing, or you have lost your spouse. Both reasons present challenges that you must address through your estate planning to ensure that your estate is passed on to the people… Continue reading Estate Planning and Second Marriages

Guardianship: Putting yourself in your Children’s Shoes

Guardianship is a difficult subject, but getting it right means that your wishes for the care of your children will be followed. But getting it wrong can have implications for your children for the rest of their lives. Until they are 18, children are legally under the care of someone. Whilst they have many more… Continue reading Guardianship: Putting yourself in your Children’s Shoes

#3 Estate Planning Tips for Blended Families

We’re looking at estate planning for blended families in our latest article. Over 50% of marriages end in divorce today, and blended families are becoming more and more common. So much so, in fact, that they are no longer regarded as unusual. So it makes sense to take a look at some tips for blended… Continue reading #3 Estate Planning Tips for Blended Families

What is Sideways Disinheritance and 3 Easy Steps to Avoid It

Sideways disinheritance is a scenario where your beneficiaries miss out on their inheritance when you die because generational inheritance steps sideways through the remarriage of the surviving spouse. What does that mean exactly? The commonest form of will for married couples is a mirror will. Essentially you both write the same will, mirrored for each… Continue reading What is Sideways Disinheritance and 3 Easy Steps to Avoid It