Posts from November 2024

New digital assets legislation

Posted on 25th November 2024

Your family could lose cryptocurrency and other valuable digital assets when yo die.

The Property (Digital Assets etc) Bill has just been introduced to the House of Lords. The Bill’s purpose is to clarify the legal status of digital assets as personal property.

The impact of the Autumn Budget’s Inheritance Tax changes for families

Posted on 11th November 2024

Inheritance Tax (IHT) decisions in the Autumn Budget will probably change financial arrangements for many families.

Currently IHT affects about one in 20 or 4% of estates each year but by 2032 this is expected to increase to 7%. Parents might start passing on assets to their children much earlier to minimise IHT liabilities.

Family homes form a large part of estates when people die, adding to Inheritance Tax liabilities.

Posts from November 2024

New digital assets legislation

The impact of the Autumn Budget’s Inheritance Tax changes for families

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