Unlike me, you probably don’t spend the majority of your time advising people on their financial affairs relating to inheritance tax and estate planning.
Pensions hold nearly half UK’s wealth
- Have you nominated beneficiaries?
- If you have, is it your spouse? Is that the most appropriate person?
- Would it make more sense to nominate your children, or even grandchildren, if your overall estate and that of your spouse is sufficient to provide all ongoing financial needs without recourse to the deceased’s pension fund?