Are you from India or Pakistan and living in the UK? You may be able to take advantage of a unique estate planning opportunity available because of the unusual terms of the double tax treaty the UK has in place with each of these countries.

I have had the privilege of volunteering at a local charity in the North East and have seen first-hand the profound benefits of the practical and compassionate support it provides. My reward for simply giving-up some time was a feeling of well-being (and a reality check on my stress levels!). However, the rewards for those considering philanthropy can extend from emotional into financial and practical benefits too.

When a person dies one of the responsibilities of their personal representatives (PR) is to complete an inheritance tax return and pay any inheritance tax due (IHT). To work out how much IHT to pay, the PR must calculate the value of the estate at the date of death by adding together the assets and deducting any liabilities. When it comes to digital assets, valuing them is tricky as determining their worth is not a straightforward task.