WillPack

Business Property Relief (BPR)

Why use a Business Property Relief Discretionary Trust?

What is BPR? A relief applied to business property and can provide up to 100% relief from Inheritance Tax. There are a number of conditions which are required to be met: The business must be a qualifying business, The business must be what is referred to as ‘relevant business property’, and; Ownership conditions must be … Read moreBusiness Property Relief (BPR)

General Discretionary Trust

A General/Standard Discretionary Trust has a wide range of uses from protecting assets from the beneficiaries themselves, or third parties seeking money from the beneficiaries. As the assets are held by the Trust, it is out of direct reach of the beneficiaries and is not considered as part of their estate. However, for the Trust … Read moreGeneral Discretionary Trust

Will Storage and Remote Attestation Forms

A case of a lost Will can be very stressful whilst the testators’ family are already going through a difficult time following their loss, meaning a Will storage option should be offered to the client so the Will is kept in a safe place. WillPack are often asked if we offer Will storage. Unfortunately, we … Read moreWill Storage and Remote Attestation Forms