tiger private client

Estate Planning

What is estate planning and why is it important   Many people will think planning what happens to your estate when you die is the extent of ‘estate planning’, when in fact there are a host of tools that not only enables the family and any business you leave behind, to understand your wishes, but to implement them more easily and at less cost.     Making plans for your death during your lifetime is not a process many enjoy,…

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What Happens if You Die Without Making a Will?

What Happens if You Die Without Making a Will? If you are married or in a civil partnership… If you die without making a will, the Government decides who will inherit your assets. Very strict legal rules (known as the intestacy rules) come into effect. These rules set out how your estate will be distributed. For example, if you die leaving your spouse or civil partner, based on those strict rules, they will not automatically receive your assets. They will…

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life interest trust

Life Interest Trusts

Life Interest Trusts – what are they and why they are useful? Not many people have heard of a Life Interest Trust, let alone know what one is or why they are useful tools to secure assets and funds for future generations, whilst ensuring they can still be enjoyed or used to care for others during their lifetime. Life Interest Trusts can be set up in a Will, allowing for a loved one to have the benefit, or enjoyment, of the…

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Personal Injury Trusts

Personal Injury Trusts

With thousands of personal injury claims made a year, we look at the importance of Personal Injury Trusts for those not only on means-tested benefits, but when planning for future care costs and benefit claims. When a person has suffered from an injury for which compensation is payable, one question is how it will affect any benefits they have been claiming either prior to or following the injury.  However, regardless of the amount awarded following a claim, this is not something…

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Guardianship

Guardianship – ensuring your children are placed with those you trust through your Will

Whilst watching the BBC’s latest underwater thriller ‘Vigil’ an important point raised its head, which would have been missed by many, or at most a tear would have been shed for the main character’s heartbreak.     In case you missed it (and this is not a spoiler alert), the main character lost her partner of many years, which was sad in itself, however, at that point she also lost the daughter she had raised and called her own.  The…

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Personal Injury Trusts

With thousands of personal injury claims made a year, we look at the importance of Personal Injury Trusts for those not only on means-tested benefits, but when planning for future care costs and benefit claims. Introduction When a person has suffered from an injury for which compensation is payable, one question is how it will affect any benefits they have been claiming either prior to or following the injury.  However, regardless of the amount awarded following a claim, this is not something…

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