INHERITANCE TAXWILLS Tax Efficient Will Planning Matrix Estate Planning Limited Graham Hinitt Tax Efficient Will Planning: With the introduction of the Finance Act 2006 the possibility of using lifetime planning for saving inheritance tax was severely restricted using lifetime settlements. By contrast, the use of trusts in Wills still have many of the old tax […]
BACK TO BASICSESTATE PLANNINGTRUSTSWILLS Discretionary Trust Graham Hinitt Matrix Estate Planning Limited A discretionary trust is a type of trust where the trustees are given complete discretion to pay or apply the income or capital of the assets for the benefit of one or all of the beneficiaries. They have control over how much to […]
CHARITYWILLS Charitable Gifts Graham Hinitt Matrix Estate Planning Limited You may be considering leaving a gift to a charity of your choice in your Will, and doing so is a great way to ensure that your legacy carries on after your death. Not only is leaving a gift to charity commendable, it can also make […]
CHARITYINHERITANCE TAXPARTNER NEWSWILLS Gifts to Charities Graham Hinitt Matrix Estate Planning Limited Gifts to charities are exempt from Inheritance Tax (IHT) whether they are made in lifetime or by Will. Likewise a gift to a trust that is established for charitable purposes is exempt from IHT. The Charities Act 2011 defines a “charitable purpose” as […]
Recent Changes to Inheritance Tax: Strategies for Savvy Investors Graham Hinitt Matrix Estate Planning Limited In light of the Chancellor’s recent comprehensive reforms to Inheritance Tax (IHT), it’s crucial for investors to consider how these changes could impact their legacy. If you wish to avoid a substantial 40% tax charge on your estate, here are […]
INHERITANCE TAX Inheritance Tax: Seeing the Wood for the Trees Graham Hinitt Matrix Estate Planning Limited Woodland makes up 13% of the land in the UK. According to Forestry Commission research conducted in 2020 73% of that woodland is privately owned and managed with the remainder being owned by the Forestry Commission or other similar […]
PROPERTY Severance of Joint Tenancy Sheffield | Rotherham | Doncaster 16th of January 2025 Graham Hinitt Matrix Estate Planning Limited Severance of Joint Tenancy If you hold your property as joint tenants with another person, you may decide that you want to now change the ownership so it is held as tenants in common. This […]
COMMON QUESTIONSINHERITANCE TAXMEMBER SUPPORTPROPERTYTRUSTS Common Questions in our Inbox: PPTs and RNRB Graham Hinitt Matrix Estate Planning Limited 5th July 2023Manisha Chauhan2 Welcome to the third in a new series of articles from the SWW Technical Team; Common Questions in our Inbox. For this instalment let’s talk about one of the common will trusts – property […]
COMMON QUESTIONSMEMBER SUPPORTTRUSTSWILLS Common Questions in our Inbox: Discretionary Trusts Graham Hinitt Matrix Estate Planning Limited Sheffield | Rotherham | Doncaster 4th August 2023Manisha Chauhan2 Common Questions in our Inbox: Discretionary Trusts: Welcome to the fourth in a new series of articles from the SWW Technical Team; Common Questions in our Inbox. Following on from our […]
DIGITAL ASSETSINDUSTRY NEWSWILLS Reforming Digital Assets? Law Commission Publishes Final Report Sheffield | Rotherham | Doncaster 14th of January 2025 Graham Hinitt Matrix Estate Planning Limited The rapid evolution of technology has given rise to the proliferation of digital assets, leading to a need for comprehensive legal frameworks to govern these assets. Recognising this, […]
ESTATE PLANNINGLASTING POWER OF ATTORNEYWILLS Protect your Assets and Loved Ones in 2025 Sheffield | Rotherham | Doncaster 14th of January 2025 Graham Hinitt Matrix Estate Planning Limited Happy New Year! Protect your Assets and Loved Ones in 2025: As we start the year, many of us have New Year’s resolutions or a list of […]
BACK TO BASICSLASTING POWER OF ATTORNEY Do you need an LPA for your business? Sheffield | Rotherham | Doncaster 13th of January 2025 Graham Hinitt Matrix Estate Planning Limited If you have a business or businesses, have you considered what would happen if you were to lose capacity? A business LPA differs from personal LPA’s […]
ESTATE PLANNINGLASTING POWER OF ATTORNEY Adult Children and Management of their Finances 12th January 2025 Graham Hinitt DipPFS When your child is a minor, as the parent, you are able to manage their finances for them. However, what happens when they reach the age of 18 and considered to be an adult? This article will […]
BACK TO BASICSCAPACITYLASTING POWER OF ATTORNEY Understanding Replacement Attorneys 12th January 2025 Graham Hinitt Understanding Replacement Attorneys: So far in our Back to Basics series, we’ve already explored the essentials of Lasting Power of Attorney (LPA), including how to set one up and why having one matters. Now, we’re taking a closer look at an […]
BACK TO BASICSCAPACITYLASTING POWER OF ATTORNEY Revoking a Lasting Power of Attorney 11th of January 2025 Graham Hinitt Matrix Estate Planning Limited Revoking a Lasting Power of Attorney: A Lasting Power of Attorney (LPA) is a legal document that allows a person (called the donor) to appoint someone they know and trust (called the attorney) […]
Graham Hinitt DipPFS: Graham Hinitt | Estate Planning Practitioner Director | Estate Planning Practitioner Graham Hinitt | Estate Planning Practitioner: has experience in providing advice on retirement planning, inheritance tax planning, long-term care planning, and estate planning. Graham has extensive experience in the creation and administration of trusts, including discretionary trusts and family trusts. He […]
BACK TO BASICSCHARITYLASTING POWER OF ATTORNEYOPG The Benefits of Registering an LPA Straight Away 5th January 2025 Graham Hinitt The Benefits of Registering an LPA Straight Away: Before a Lasting Power of Attorney (LPA) can be used, it must be registered with the Office of Public Guardian (OPG), which costs £82 per LPA. For a […]
BACK TO BASICSCAPACITYLASTING POWER OF ATTORNEY Understanding Replacement Attorneys 4th January 2025 Graham Hinitt: Sheffield | Rotherham | Doncaster Understanding Replacement Attorneys: So far in our Back to Basics series, we’ve already explored the essentials of Lasting Power of Attorney (LPA), including how to set one up and why having one matters. Now, […]
