5 ways to Reduce Your Inheritance Tax

Hi, I’m Jonathan McDowall. I’m a Financial Planner with MHA Henderson Loggie Financial Planning. I’m often asked about Inheritance Tax, or IHT, and how it may affect an individual’s assets, and the money they leave their family in the future. As with many other areas of tax, there are ways Continue Reading

Are Trust Distributions Taxable?

Hi. Lee Phillips here. I guess you’re familiar with me now I’m a lawyer. Don’t hold that against me. K? I want to talk about when a beneficiary of a living revocable trust or even an irrevocable trust gets a distribution from the trust The question is is that taxable? Continue Reading

Discounted Gift Trust

we all want to leave as much as possible to our family and loved ones in the UK the first three hundred and twenty-five thousand pounds of an individual’s estate is freed from inheritance tax but everything over this can be taxed at forty percent without careful planning HMRC could Continue Reading