Estate Planning as a Career

Since Alistair Darling’s Pre-Budget Speech on October 9 2007, there have been a number of reports in the press stating that will planning using the nil-rate band of the first of a married couple to die will no longer be necessary as you can now transfer the nil-rate band between spouses and civil partners.

(The Nil-rate Band is currently 300,000, and upon death a tax rate of 0% applies to the estate value up to this amount).

This is generally true, but there will st (more…)

The opportunity presented to establish a charitable trust fund provides many advantages for the increasing percentage of the population who have been either prudent enough or fortunate enough to have accumulated sufficient capital in their life times to make this a worthwhile effort. This can mean both for them and their favorite charity or charities, who they would like to see provided for in their own lifetime.

By establishing a charitable trust, citizens of the United (more…)

American citizens and residents (and even some non-residents) have unwanted partners. They come in the form of federal, state and local bureaucrats. They always need the money. This money can be squeezed from partners known as taxpayers.

We must pay income taxes when income is generated. Making substantial gifts to others may lead to gift taxation. Estate (death) taxes may come into play when your property is passed to heirs after death.

In today’s America, taxes ar (more…)