If you do not have a Will there are rules for deciding who inherits your assets, depending on your personal circumstances. If you’re married or in a civil partnership and there are no children then your husband, wife or civil partner won’t automatically get everything. They will receive: Personal items, such as household articles and
Goals are important to ensure you don’t invest too little or too much, what is the point in over investing in your pension or dying and paying lots of Inheritance Tax? Your personal financial goals can be broken down into short term, medium term and long term. And, you can work the numbers to ensure
Let’s say you buy a new ultra thin television for £2,500 and you use a credit card with annual percentage rate (APR) of 18%. Your minimum monthly payment could be as low as £50; however, to calculate your total costs you will need to know how your minimum payment was calculated. A minimal payment is
We all need a certain amount of money built up to see us through to the end of our lives in the comfort and security we want. Most people in business are in the accumulation period where you build net worth. Later you move into your distribution phase because there is less coming in that
Assets go up in value over the long term, they may go down in the short term but overall an asset will rise in value but cash is always falling in value. Money falls in value because of inflation. It is not that prices are going up as such; it’s more that money is worthless