When it comes to planning for the future, one of the most important things to safeguard is your home. With a liferent trust, you can protect your home, your family and your assets for the future. Read on for more information on how a liferent can protect your home. If you’re concerned about inheritance within … Read more
Private pensions are crucial to the idea of retirement planning, providing financial security in your later years. But can you nominate someone to receive your pension? In Scotland, as in the rest of the UK, the administrators (or trustees) of a pension scheme typically decide which beneficiaries will receive the remaining pension funds when a pension-holder … Read more
What is Form IHT400? A Comprehensive Guide for Scottish Residents HM Revenue and Customs (HMRC) form IHT400 is a critical document for handling Inheritance Tax throughout the United Kingdom, including Scotland. The IHT400 must be completed and submitted when the estate of a deceased person is valued above the Inheritance Tax threshold. Navigating the complexities … Read more