What Future Tax Reform Could Mean for Discretionary Trusts
Discretionary trusts have long been a valuable tool for estate planning, offering flexibility, control and a way to manage inheritance tax (IHT) over time. However, the UK tax landscape is now shifting, with changes significant enough to warrant a careful review. The Autumn Budget 2025 has introduced a series of reforms that will change how […]
Understanding gifts with reservation of benefit
Inheritance Tax (IHT) planning is a complex area, and one of the key concepts to understand is a Gift with Reservation of Benefit (GWRB). This rule is designed to prevent people from giving away a variety of assets to avoid IHT while still enjoying the benefits of those assets. If you make a gift but […]