Sunday, January 31st, 2010
Are you an ambitious solicitor who wants more out of life?
We are looking for solicitors like you to help us build our firm.
You will be self-motivated and driven to succeed with a good record of providing quality legal advice to your clients. In return we provide a well run law firm with a good and long established reputation and all the support you need to make your career a success.
You will have a client following and the desire and ability to grow that following. In return we will give you a very attractive performance based package allowing you to enjoy the financial rewards that you deserve.
Interested to know more?
Contact the Managing Partner in confidence, preferably with your CV and move your career to the next level.
Apply to djedwards@bbc-law.co.uk
Sunday, January 3rd, 2010
For most people there is only one way to avoid this tax which is to make gifts and survive by seven years.
But there are solutions and our associated Chartered Financial Plaaning company DKM Wealth Limited which is regulated by the Financial Services Authority have a number of solutions.
These are examples of ways that DKM Wealth can help:
Many clients are reluctant to give away their capital in case they need it later in life – for example if they go into care. However the majority of people do not go into care. There is a perfect solution for such clients using a trust that avoids tax after seven years survival, but which allows the client access to their capital. This trust may also be closed in favour of the beneficiaries at any time, unlike the discounted gift trust sold by so many providers.
Other clients may be willing to make gifts but feel fear that the recipient may lose the capital. A good example is a gift to a child with a rocky marriage, or perhaps one with a business in difficulties – very common at present. These clients may benefit from a discretionary trust and our association with DKM Wealth, chartered Financial planners regulated by the Financial Services Authority means that you may set this up very cost effectively and obtain advice about sensible investments.
Some clients have only their homes and pensions so they cannot see how to make gifts. For these clients and subject to very specific independent advice, equity release coupled with a trust may be a practical solution. Such a solution should only be explored with the involvement of the whole family because it could backfire if property prices fell and you died early.
For clients who are very elderly and for whom survival by seven years seems unlikely, it is possible to invest in certain listed shares on the Alternative Investment Market (the “junior” stock market). This strategy is very risky as such shares are volatile and there may not be any market for them when you want to sell.
For all clients, make gifts every year – at least £3,000 is exempt and if you can show that you can make more gifts than this from income, without depleting capital, you may do so. If you seek to rely on this little-used exemption, make sure you keep meticulous records of your income and outgoings and keep them until at least seven years are up.
Finally, do something and do it with specific advice for your own unique circumstances.
If you would like more information on advice on the steps you can take contact David Edwards at Burt Brill & Cardens or DKM Wealth Limited
© Copyright 2009 Burt Brill & Cardens Solicitors