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@AdvisingFamily

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Advice and information from STEP to help families plan for their futures

United Kingdom
Joined February 2017
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@AdvisingFamily
AdvisingFamilies
2 days
Do you have questions about inheritance tax? Watch this video as estate planning specialist Emily Deane TEP introduces you to inheritance tax. 📖Learn more about inheritance tax in our article: https://t.co/Qz1MfotBgq 📞Speak to an estate planning specialist:
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@AdvisingFamily
AdvisingFamilies
4 days
Should you use an online will-writing service? ✍️ While an online will might be appropriate if you have straightforward needs, it can be the wrong answer if your affairs are at all complicated. 📖Read more in our article: https://t.co/VFHqqpHDTW 📞Speak to an estate planning
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@AdvisingFamily
AdvisingFamilies
7 days
How do you choose who writes your will? ✍️ It is essential to think carefully about who you choose to write your will. There are some simple steps that you can take when making this decision. 📖Read more in our article: https://t.co/nxhjI2zjn0 📞Speak to an estate planning
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@AdvisingFamily
AdvisingFamilies
8 days
You may have read an article in the @DailyMail yesterday discussing a recent case of financial abuse in the UK where a granddaughter with power of attorney of their grandparent stole stole £71,600. 📖Read the article: https://t.co/6PgSGi6vIp STEP's 'Spot the signs' campaign
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@AdvisingFamily
AdvisingFamilies
9 days
How do you prepare your family business for the unexpected? 🤔 Many family business owners in the UK underestimate the immediate impact that their sudden absence, due to death or incapacity, could have on the daily operations of their business. An Emergency Board Plan is a
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@AdvisingFamily
AdvisingFamilies
11 days
For a will to be legally valid, it must be properly signed and witnessed. Misunderstandings about the legal requirements of wills can lead to costly disputes, mistakes, and unnecessary emotional stress for your loved ones. 📖In our article, estate planning expert Nina Sperring
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@AdvisingFamily
AdvisingFamilies
14 days
What are the STEP Standard Provisions? 🤔 If you have a will, they will probably include mention of the ‘STEP Standard Provisions’. The STEP Standard Provisions are a set of ready-made clauses that can be inserted into a will. 📖Find out more: https://t.co/aHx1mHulDp 📞Speak
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@AdvisingFamily
AdvisingFamilies
16 days
Did you know that this month is Will Aid? 🤔 Every November, participating solicitors volunteer their time and waive their fee for writing a basic Will. Instead, they invite clients to make a voluntary donation to Will Aid. ✍️Find out more about Will Aid:
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@AdvisingFamily
AdvisingFamilies
17 days
Is a discretionary trust right for you? 🤔 If you already have, or are considering, a discretionary trust within your will, it is vital that you understand the impact of this. Read more in our article by estate planning specialist Pippa Bavington TEP: https://t.co/CbgMCUDLqE
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@AdvisingFamily
AdvisingFamilies
18 days
Why are young people being encouraged to get a will? This BBC story about the Will Aid campaign tells us more - and includes expert advice from STEP's Emily Deane about some of the key steps to take when writing your will: https://t.co/hmGv9sP2PW #WillAid
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bbc.co.uk
At the start of Will Aid, young people are being encouraged to make their dying wishes known.
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@AdvisingFamily
AdvisingFamilies
22 days
How much does probate cost? Find out in this video! 📖Learn more about probate in our article: https://t.co/3nMJ0QNDmn 📞Speak to an estate planning specialist: https://t.co/WNsHKf7odN #Probate #EstatePlanning
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@AdvisingFamily
AdvisingFamilies
23 days
What is predatory marriage? It is a marriage in which one party is vulnerable and has been induced to enter into it by the other party who will gain financially from it. 📖Find out more about the warning signs of predatory marriage in this article: https://t.co/dphSix1WAi
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@AdvisingFamily
AdvisingFamilies
25 days
What are ‘Legal Rights’ in Scotland? 🤔 Legal Rights are a distinctive feature of Scots Law, protecting certain family members from disinheritance. 📖Read more in our article from estate planning specialist Kirsten Anderson TEP: https://t.co/RMpK60DOVx 📞Speak to an estate
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@AdvisingFamily
AdvisingFamilies
28 days
Are you considering creating a family trust? 🤔 While a trust can be extremely useful, there are certain steps that can be taken to make the most of them. You may be surprised that this includes managing beneficiaries’ expectations and educating them on how to be a good
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@AdvisingFamily
AdvisingFamilies
30 days
Did you know that from 17 November fees for making a lasting power of attorney (LPA) will increase? In the UK it currently costs £82 per LPA application but this will be increasing to £92. If you are thinking about making your LPA find out more about them in our video. 📖Learn
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@AdvisingFamily
AdvisingFamilies
1 month
What is a trust, and why do you need to register it in the UK? A trust is a way for someone who owns assets, such as money, a house or shares, to transfer them to someone else. Trusts are a useful tool for ordinary families. 📖Learn more about trusts: https://t.co/znmamubWxD
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@AdvisingFamily
AdvisingFamilies
1 month
Are you considering giving money to your family, a friend or a charity? Many people decide they would like to make gifts at some point in their lives. This can be money or objects with financial or personal value. Whatever the intention, it is a good idea to have a basic
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@AdvisingFamily
AdvisingFamilies
1 month
You may be aware that @MartinSLewis was on @GMB this morning discussing measures banks can take to help prevent financial abuse. Martin Lewis wrote an article for @moneysavingexp focusing on preventing the financial abuse of vulnerable people. 📖Read the article:
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@AdvisingFamily
AdvisingFamilies
1 month
Concerns about inheritance tax are understandably gripping the farming community after the huge changes announced in the October 2024 Budget. The good news is that steps can be taken to reduce the potential tax exposure, which farming families need to consider as soon as
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@AdvisingFamily
AdvisingFamilies
1 month
Do you need a prenuptial or postnuptial agreement? 🤔 At a time when families and their assets are becoming increasingly complex, you can protect your own or family wealth by entering into a prenuptial or postnuptial agreement with your spouse. 📖Read more in our article:
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