Did you know that thousands of historic properties and artefacts in the UK are preserved for the nation each year, thanks to a special tax
Did you know that nearly 40% of the UK’s wealth is expected to be passed down to the next generation in the coming decades? This
Did you know that thousands of British homeowners are exploring alternative methods to manage their wealth and secure their family’s financial future? One effective strategy
Did you know that a life insurance payout can significantly impact your estate’s inheritance tax liability if not managed correctly? In the UK, life insurance
Did you know that making gifts shortly before passing away can significantly impact the amount of inheritance tax payable on your estate? In the UK,
Did you know that over 40% of adults in the UK do not have a will, leaving the distribution of their estate to the intestate
Dealing with the financial affairs of a deceased loved one can be a daunting task. In the UK, it’s estimated that thousands of people face
Did you know that in the UK, if your partner dies without a will, and you’re not married, you may be left with nothing? This
A surprising fact: when a parent dies without a Will, their stepchildren have no automatic right to inherit under UK law, unless they’ve been formally
When a loved one passes away without a will, the process of managing their estate can become complex. In the UK, over 40% of deaths
Locating a will can be a daunting task, especially when dealing with the loss of a loved one. In the UK, it’s estimated that thousands
When a loved one passes away, their estate, including any property they owned, must be managed and distributed according to their Will or the rules
In the early 2000s, specifically during 2002/03, the Double-Trust Home Loan Scheme gained popularity as a means to mitigate inheritance tax (IHT) liabilities. However, HMRC
When planning for your financial future, deciding who will inherit your wealth can be a crucial step. In the UK, a significant number of individuals
Did you know that over 2.8 million trusts are registered in the UK, and missing the registration deadline can result in significant penalties? We understand
As of 6 October 2020, the rules surrounding trust registration in the UK underwent a significant change. Trustees of non-taxable trusts created or amended after
Did you know that a significant portion of the UK’s land is dedicated to agricultural purposes, and farmhouses are an integral part of this landscape?
Recent changes to the UK’s Inheritance Tax (IHT) system have sent shockwaves through the financial planning community, particularly for UK residents who have utilised the
It’s estimated that millions of pounds are lost annually to inheritance tax in the UK, a significant portion of which could be safeguarded with appropriate
It’s estimated that over £1 trillion is set to be passed down to future generations in the UK in the coming decades, with a significant
Did you know that gifting assets to loved ones doesn’t always mean you’re free from tax liabilities? In the UK, the Pre-Owned Asset Tax (POAT)
Thousands of individuals in the UK unknowingly fall into a tax trap each year due to a lack of understanding about the differences between Gift
Did you know that thousands of individuals in the UK lose mental capacity every year, making it essential for their loved ones to manage their
Did you know that a caveat can be lodged against an estate to prevent a grant of probate being issued? This is often used when
Did you know that nearly 60% of co-owned properties in the UK are held as joint tenants? This means that if one owner passes away,
Did you know that nearly £6 billion in Inheritance Tax is paid annually in the UK? Managing this financial burden can be a significant challenge
The UK government has proposed significant changes to pension inheritance tax rules, potentially bringing unused pension funds into the scope of Inheritance Tax (IHT) from
Nearly 1.5 million individuals in the UK are living with a disability that significantly impacts their daily lives, highlighting the importance of financial planning for
Did you know that a significant number of homeowners in the UK are unaware of the potential risks to their family home, including divorce, care
Did you know that thousands of families in the UK could be missing out on crucial tax benefits by not utilising Vulnerable Person Trusts? These
Did you know that being named as an executor of a will can be both an honour and a burden? Many people find themselves in
When a loved one passes away, dealing with their estate can be a complex and emotional task. In the UK, it’s not uncommon for disputes
When a loved one passes away, dealing with their estate can be a daunting task. Did you know that in the UK, over 500,000 people
Did you know that delaying Inheritance Tax payments can result in a significant additional cost? As of 27 August 2025, the late payment interest rate
Over £7 billion was collected in Inheritance Tax in the 2023–24 tax year, according to HMRC, underscoring the significance of this tax for many families
Did you know that thousands of vulnerable adults in the UK are at risk of financial abuse every year? The Office of the Public Guardian
Did you know that a significant number of individuals in the UK fail to consider the importance of appointing a replacement attorney when creating a
Did you know that over 3.5 million Lasting Powers of Attorney (LPAs) have been registered in the UK since their introduction? This significant figure highlights
Did you know that nearly 40% of beneficiaries are unaware of the strict time limits for varying an estate’s distribution after a loved one’s passing?
Did you know that nearly 60% of UK homeowners own their property jointly, often defaulting to a joint tenancy arrangement? While this may be suitable
When a loved one dies abroad, managing their assets in England and Wales can be challenging. A significant number of individuals hold assets across borders,
When a loved one loses mental capacity, making decisions on their behalf can become a complex and challenging task. In the UK, it’s estimated that
Did you know that nearly £5 billion in inheritance tax is lost annually in the UK due to unclaimed allowances? One such crucial allowance is
Losing mental capacity can be a devastating blow to any business owner. The sudden inability to make decisions can bring a company to a grinding
The process of registering a Lasting Power of Attorney (LPA) in the UK is taking longer than ever, with the Office of the Public Guardian
Did you know that Inheritance Tax (IHT) can significantly reduce the wealth passed to your loved ones? In the UK, a significant relief is available
Did you know that in the UK, gifts given during one’s lifetime can have significant implications for Inheritance Tax (IHT)? Understanding the differences between certain
When a loved one loses mental capacity, it can be a challenging and emotional experience for families in the UK. Understanding the legal options available
Becoming a deputy for a loved one can be a daunting task, especially when considering the financial implications. The deputyship process involves various expenses, including
Dealing with the estate of a loved one can be a daunting task, especially when navigating the complexities of inheritance tax. Did you know that
As digital assets continue to grow in popularity among UK investors, understanding their implications on estate planning is crucial. We recognise that many individuals focus
As we increasingly manage our lives online, it’s essential to consider what happens to our digital assets when we’re no longer around. Unfortunately, many of
As we navigate the complexities of estate planning, it’s crucial to consider our digital legacy, including digital music, e-books, and cloud subscriptions. In the UK,
When a loved one passes away, their financial obligations can become a significant concern for those left behind. In the UK, the general rule is
As digital technologies continue to advance, incorporating digital assets into estate plans has become increasingly important for financial security. We understand the importance of securing
As we navigate the complexities of modern life, it’s essential to ensure that our loved ones are protected and our wishes are respected. Legacy planning
For individuals with significant health needs, the NHS provides a vital service known as NHS continuing healthcare. This care package is designed for those assessed
As we increasingly live our lives online, the concept of digital assets has become more significant. We accumulate various digital possessions, from cryptocurrencies to online
As we plan for the future, we often overlook the importance of including digital possessions in our estate planning. This can lead to potential issues
Losing a loved one is never easy, and dealing with their digital presence can be a daunting task. Scrolling through memories on their social media
As the value of digital assets continues to grow, it’s essential to ensure they’re included in your estate planning. We understand the importance of safeguarding
The rise of artificial intelligence tools is transforming the way people approach estate planning in the UK. More individuals are turning to online platforms or
Dealing with the financial affairs of a loved one who has passed away can be challenging. One of the concerns is what happens to their
Dealing with the estate of a deceased person can be a daunting task, especially when it becomes clear that the estate is insolvent. An insolvent
When a loved one passes away, their financial obligations don’t simply vanish. In the UK, the law dictates that outstanding financial commitments are settled from
As an executor of a will, one of your key responsibilities is to manage any claims against the deceased’s estate. To protect yourself from these
As an executor, managing the financial affairs of a deceased loved one can be a daunting task, especially when it comes to dealing with outstanding
When considering what happens to debt when you die, it’s essential to understand that debts don’t disappear. Instead, they’re repaid by your estate. Understanding how
When a business owner passes away, it triggers a series of crucial responsibilities, including notifying stakeholders and addressing financial matters. We understand the importance of
Appointing a guardian for your child is a crucial step in ensuring their future is protected. Testamentary guardianship refers to the process by which a
When an individual is declared bankrupt, it can have significant implications for their estate planning, including inheritance and the execution of wills. We understand that
As parents, it’s essential to consider the well-being of your children in the event that you both pass away before they reach adulthood. Appointing a
As a responsible individual, planning international travel with a child can be a daunting task, especially when considering the complexities of guardianship laws in the
Paying for residential care can be a significant financial burden. Fortunately, there are options available to help meet the costs, but navigating the system can
As we age, the need for elderly care expenses can become a significant concern. Many individuals in England worry about how to afford the costs
As we age, the need for financial protection against rising care costs becomes increasingly important. We understand that planning for future care needs can be
Navigating the complexities of care fees and their impact on second homes can be a daunting task, especially when considering the financial implications for your
Paying for care can be a significant concern for many individuals in the UK. The amount you need to pay depends on your financial resources,
Many individuals in the UK are concerned about depleting their financial resources while paying for care privately. As the population ages, more people are having
Understanding the financial implications of social care expenses is crucial for effective planning. In Britain, individuals may need to pay for all or part of
When a person requires care, the local council conducts a financial assessment to determine their contribution towards care fees. Some individuals consider gifting their assets
When planning for care in the UK, understanding the Personal Expenses Allowance is crucial. We help you navigate the complexities of care planning, ensuring that
Navigating the complexities of care home fees can be daunting for many families in the UK. When paying for care home costs in England, you
Planning for future care needs can be complex, especially when property ownership is involved. As we navigate the intricacies of care home fees in the
Being an executor of a Will can be a difficult task, not just because of warring beneficiaries, but also due to basic tasks such as
As we age, many of us face the daunting task of funding care. Two common options are equity release and selling your home. We understand
As a homeowner in the UK, safeguarding your estate is a crucial aspect of financial planning. We understand the importance of securing your wealth for
When a person passes away, their estate, which includes all their assets such as money, property, and personal possessions, is responsible for settling any outstanding
Choosing a legal guardian is a crucial decision for parents, ensuring their child’s well-being in the event of their passing. A legal guardian is an
Understanding how gifts and trusts impact eligibility for council help with care fees is crucial for effective financial planning in the UK. The UK’s care
The UK government has announced significant changes to the lifetime cap on care costs, set to take effect from October 2023, with the cap set
When someone passes away, their debts don’t simply vanish. In the UK, these debts are typically repaid from the deceased’s estate. This process is managed
When a loved one passes away, their estate, including any properties with outstanding mortgages, becomes the responsibility of the executors or administrators. We understand that
We are committed to safeguarding families’ assets through clear, accessible estate planning guidance. Predatory marriage is a form of financial abuse where an individual intentionally
When a loved one passes away, their estate, including any outstanding debts, must be settled. In the UK, understanding the implications of joint debts after
As a homeowner in the UK, ensuring the financial well-being of your loved ones is a top priority. When it comes to caring for minors,
At Westwood Estate Planning, we understand that thinking about the future can bring up difficult conversations. However, few decisions are as vital as choosing guardians
As a family, ensuring the well-being of your loved ones is paramount, especially when it comes to children with special requirements. In the UK, a
Guardianship arrangements are put in place to protect individuals who lack the mental capacity to make decisions for themselves. However, disputes can arise regarding the
As a carer, thinking about the future can feel daunting, especially when your energy is devoted to caring for someone each day. However, taking time