Blog
How are You Doing with Getting Your Affairs in Order?
Matthew considers how you might measure your progress on Getting Your Affairs in Order.
Relationships
Matthew considers the all-important issue of relationships with family and
friends.
Interests in one or more Businesses and/or Management of Charities, Associations etc.
Matthew suggests that you should give thought to what would happen on your death if you own shares in a company or an interest in a business and/or are involved in the management of a company or business or of a club or association or charity.
Charities Relief: Maximising the Post-tax Estate on Death
Matthew suggests some imaginative uses of the Inheritance Tax exemption and
the Income Tax reliefs for gifts to charities.
The Territorial Aspect: Residence and Domicile, with Situs (Location) of Assets
Matthew introduces the complex topics of residence and domicile, in the context of location of assets.
Inheritance Tax (IHT) Planning
The first thing to say is that this is very much a specialist subject, so do get proper professional advice before you do anything. Second, I always used to say to clients (and now remind my wife and myself) that you should not give away too much to your children (or...
Funeral Arrangements
Matthew advises that you should leave clear wishes for your funeral.
The Death Certificate: Having the Necessary Information/Documents
Matthew lists the documents which are required to register a death and suggests that you put most of these together now in a safe place, with clear instructions for access.
Ready Access to Cash pre-Probate – In Case of Need by Your Surviving Spouse/Partner
Matthew demonstrates why it is so important have cash put aside.
Digital Assets
Our lives are stored online and Matthew shows the importance of storing passwords etc for our loved ones to access in the future.