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Family Trusts and Estate Planning

Should You Make a New Will if You and Your Spouse Separate?

If you are a client, it is likely that you will have heard from us about why you should have a Will. Sometimes changes to your life or family circumstances require a revision to the Will and this can be overlooked. It is not at all surprising that this can happen as the types of

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Family Trusts and Estate Planning

Change to Trustee Tax rate – is a Trust still useful?

The Government announced a proposed increase of the trustee tax rate (from 33% to 39%) in Budget 2023. This change, due to take effect from 1 April 2024, would set the rate at which trustee income is taxed at the same as the top individual tax rate. The intention here is to prevent taxpayers from

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