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Tax and Trusts

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Side-hustles and tax - Everything you need to know

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While lockdown restrictions have been in place, many people have had more time to try their hand at something new. Perhaps you have set up a new business to share your latest passion, or maybe this is something you have been considering for a while. Either...

How unspent income from lockdown could cut future tax bills

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Internet shopping may have boomed during lockdown, but many people have spent less than usual while forced to stay home, and those with spare money have an opportunity to make the most of inheritance tax reliefs on gifts to family and friends if they act...

The future of writing your will - what you need to know

Guy Birtwistle
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At Fishers Solicitors we’ve changed the way we offer our wills and probate services in the mist of the coronavirus pandemic. Before you could pop into our office, meet one of our solicitors and start the process of writing your will, sorting you...

6 reasons to make a Will

Hannah Howe
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By making a Will, you choose who inherits When you work hard for your assets, you generally want to know where they will go when you die. If you don’t have a Will, then your estate will be distributed in accordance with the intestacy rules. These...

Looking forward, Brexit and Freeports.

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The purpose of this blog is to provide you with a brief view of how Brexit will undoubtedly present challenges to our economy, but also opportunities. Just like the benefits of seeking professional financial advice and estate planning advice. Freeports are...

Six secrets to successful investing

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The purpose of this blog is to provide you with a brief introduction to how you could do more with your savings or inheritance by seeking professional investment financial advice. True Potential are an award-winning group of financial services and...

New year, new you? Why it might be a good time to write a will

Guy Birtwistle
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There is no denying that 2020 is a year which will go down in history - for many reasons. The global pandemic, Brexit, and the fallout from these events has had a significant impact on many areas of our lives. These events may have far-reaching implications...

Local solicitor warns changes to powers of attorney may leave older and vulnerable at risk

Guy Birtwistle
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Local solicitor Guy Birtwistle from Fishers Dewes Solicitors based in Ashby de la Zouch & Tamworth has joined fellow members of Solicitors for the Elderly in warning against proposals to turn the LPA registration process fully digital. An LPA is a...

A New Inheritance Tax Allowance

Guy Birtwistle
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As you may be aware, individuals currently have an inheritance tax allowance of £325,000 and an unused allowance can be transferred to the surviving spouse. Legislation was introduced in the Summer Finance Bill 2015, published in July, to provide for...

Inheriting an ISA - The New Rules

Guy Birtwistle
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The investments of most people nowadays will include cash ISAs and/or stocks and shares ISAs. The benefits of holding these investments have recently increased. For the current tax year (2015/2016), the annual subscription allowance for ISAs is...

Shaking Up the Status Quo of Intestacy - The New Rules

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If you die without a Will then you are said to have died ‘Intestate’ and your estate will be distributed in accordance with the latest intestacy rules. These rules determine who should benefit from your estate. The rules were thought to...

Health & Welfare Lasting Power of Attorney - Overlooked or Over-the-Top

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For those of you unfamiliar with Lasting Powers of Attorney they can be summarised as a legal document that allows you to appoint someone to make decisions on your behalf in the event that you are too unwell to make those decisions for yourself. There are...

Inheritance Tax Planning - legitimate or immoral?

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The number of celebrities being caught up in ‘tax avoidance’ schemes has been widely publicised. However, recent statistics issued by the Institute of Fiscal Studies suggest that Inheritance Tax (IHT) is no longer just a problem for the rich and...

Where theres a Will... there doesn't have to be a family argument a (Hollywood Tale)

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I appreciate that although very few of us have the personal wealth to rival the rich and famous; when it comes to putting our affairs in order, we could learn a lot from their mistakes. Wills, or the lack of, have made for fascinating reading in the...