Summary: • Small amounts matter: Even £50/month from birth can grow to £22,000 by age 18 through compound interest • Time beats amount: Starting with
Summary: • The great wealth transfer of $68 trillion over the next 25 years requires new collaborative approaches that go beyond traditional wealth management to include
Summary: Financial disconnection between family members often signals the need for collaborative money management tools Scattered accounts and poor visibility into your family’s complete financial
Summary: Collaborative financial planning transforms family finances through transparent communication, shared responsibility, and coordinated goal setting, with many families arguing less about money when using
Summary: UK Inheritance Tax Applies to Non-Residents’ UK Assets –Non-residents owning UK property are subject to a 40% inheritance tax (IHT) on assets exceeding the £325,000
Summary: Utilise Key Inheritance Tax Exemptions – Assets such as gifts to spouses or civil partners, charitable donations, and certain business or agricultural properties may
Summary: Top Alternatives Identified – With Mint’s discontinuation, apps like Know Your Dosh and PocketSmith are highlighted as effective tools offering features such as expense
The 2024 tax year brings significant changes to how taxes are calculated in the UK, and whether you’re an employee, business owner, or investor, these
Summary: Break Down Large Financial Goals – Tackle overwhelming financial objectives by dividing them into smaller, manageable tasks, such as setting daily or weekly targets
Summary: Leading Spending Tracker Apps – Apps like Know Your Dosh, Emma, and Snoop are recognised for their ability to monitor expenses, categorise spending, and
