SETTLOR EXCLUDED ASSET PROTECTION TRUST (SEAPT)  Purpose of a SEAPT –To gift a property which is not the Principal Place of Residence ‘PPR’ to someone else, normally a family member so that it falls outside of the estate seven years after the gift has been made to that person and would then not be taken into consideration for Inheritance Tax (IHT) of the person who gifted the property. What are they? Lifetime discretionary trusts where the settlor is excluded from being a be

If you have a property portfolio of 4 or more properties, did you know it is possible to: Reduce the 40% Inheritance Tax rate to 0%....

Is a legally binding document made at the time of buying a property. It records the financial arrangements of everyone who has an...

When writing a will, a person will usually name at least one beneficiary. This is the person/entity that is legally designated to receive...

This can have serious consequences, especially if you’re a parent or own a property. Dying without a will, the law will simply run its...

Unlike the US, in the UK your pet cannot inherit assets or money from you as pets are considered belongings. There are ways around this...