Bitcoin is surging as global markets rebound and President Donald Trump reinforces his support for the digital assets sector in its intensifying confrontation with traditional Wall Street banks.

Land-owning and farming families often face unique financial and estate planning challenges.

For family businesses, passing wealth and control to the next generation can be both a strategic and an emotional journey. However, evolving tax legislation is putting increasing pressure on these transitions especially in light of upcoming changes to Business Property Relief (BPR) and rising tax burdens such as National Insurance increases. These developments are prompting many families to reassess their business structures and succession planning. In this article, we will

A national survey commissioned by UK law firm Brodies LLP has revealed that UK residents aged 50 and over are underprepared for the upcoming changes to inheritance tax (IHT), with only 26% fully understanding how the new rules will impact their wealth transfer plans. The representative YouGov survey of 2,001 adults highlights concerning gaps in estate planning and family communication, raising alarms about the risks of inadequate succession strategies in the wake of the new

Latest research from STEP highlights the vital need for family business owners to talk and plan to keep their legacy, relationships and...

Martin Lindsey, Head of Advice at FBU Partner Brooks Macdonald , provides his thoughts for people considering withdrawing their pension tax-free cash as a lump sum ahead of any potential changes in the forthcoming budget. With the UK government’s budget on 30 October approaching fast, many people are considering withdrawing their pension tax-free cash as a lump sum to get ahead of potential changes. Some might even be thinking about gifting this money to loved ones. However,

In recent years, the term 'silver tsunami' has gained traction among demographers, economists, and policymakers. It vividly describes the...

In many ways, family businesses sit at the heart of commerce in our country. From small scale business-to-consumer outfits to larger business-to-business models, family businesses deliver vital products and services that make the UK one of the richest and most diverse markets in the world. By their very nature, family businesses are often personable, customer focussed, and values-driven. A business that’s kept within a family over generations becomes known in their local comm

Mike Wardlaw from Tilney sets out the key considerations for business owners Building a successful business takes years of hard work and...

One of the common questions asked of an adviser by any family business owners is how to attribute a value to the family business and how...

A FIC is an investment vehicle with the main benefit being the ability to pass on wealth to the next generation whilst retaining some control. In this article, Rafael Ruiz of Birketts explains more about the investment vehicle and some of the rules around them. The starting point is forming a company with bespoke Articles of Association and a Shareholders’ Agreement. Generally, the directors are the parents and the shareholders are adult children. Day to day management, inv

Entrepreneurs are more likely to consider property investment rather than a pension to build their wealth, according to research from Brown Shipley, a Quintet private bank. The survey among entrepreneurs and wealthy individuals in the UK found that entrepreneurs are more likely than wealthy individuals overall to have amassed wealth through investment in property, and less likely to have done so through a pension. Almost a third of entrepreneurs (30%) state that property inve

Reputational risk is a key concern for many family firms. Alistair Morgan explains some of the considerations as to how families can manage their reputations. Setting The Scene Many wealthy families “trade” on their reputation, which has often taken years, decades or even centuries to develop. However, thanks to social media and mobile technology, we now live in a world where reputations can be won or lost in a matter of seconds or minutes. Taking the middle ground – maintain