Posts Tagged ‘Inheritance Tax Planning’

Funeral plans – a practical and sensible thing to do

One’s own funeral would hardly rank among the most appealing topic of conversation for the vast majority of us. Fewer still discuss funeral arrangements with our families, purely because it is such a difficult thing to do for most people. Despite this reluctance, it is surely vital that we plan for the inevitable and so spare our loved ones the financial and emotional stress of arranging a funeral. Here are just a few of the benefits to be reaped:

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Will you or won’t you?

I was surprised to read this week that some 30 million adults in the UK do not have a will prepared. The reasons why are wide and varied, from presumptions about the cost to the claim that some individuals simply do not have enough assets to justify it. However, the main reason for not organising our financial affairs in this country is apparently just that people ‘haven’t got round to it yet’! I suppose in some people’s mind it’s not a vital need for today because as we all do, they still hope to have a tomorrow.

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