Trusts

9th August 2018

Trusts with a disabled/vulnerable beneficiary

Trusts with a disabled/vulnerable beneficiary Some trusts for disabled people or children receive special tax treatment. These are called ‘a vulnerable person’s trust’. Who qualifies as a vulnerable beneficiary in these trusts? A vulnerable beneficiary is one whom is under the age of 18 whose parent has died or a disabled person who is eligible […]

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9th August 2018

SWW Trust Corporation Attorneyship

Professional Attorneyship Services The role of an attorney involves a great deal of responsibility, so make sure you think carefully about who you chose. You must be able to trust them to make all decisions in your best interests. SWW Trust Corporation can act as professional attorneys under a Property and Financial Lasting Power of […]

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7th August 2018

What is the Nil Rate Band and how does it affect Inheritance Tax?

According to Benjamin Franklin, there are two certainties in life; death and taxes. However, one eventuality that Mr Franklin most likely did not prepare for is the notion of a tax on death. In the United Kingdom, Inheritance Tax is an issue that haunts many families each year and has done since its formal introduction […]

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2nd August 2018

What would happen if Kim Kardashian died without a Will?

If you die without a will then your estate (all your belongings upon death) would be distributed according to the rules of Intestacy. This means that there could be potential beneficiaries who don’t get anything from your estate at death. Kim has an estimated estate of $175,000,000 which makes her one of the richest reality […]

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