10 ways to protect your estate for your loved ones

Welcome to the March/April 2021 edition of Smart Money.

At the time of publishing, Chancellor of the Exchequer Rishi Sunak had not delivered his Budget 2021 speech. We’ll look at the key announcements and how these could affect your personal, family and business finances in the next edition.

In this issue, we look at how you can enhance and protect your legacy for your future security, as well as for the people you care about. Inflation beating investments (page 5), sensible tax planning (page 6), responsible investing (page 8), and considering your personal pension options and retirement plans (page 9) are some of the key areas of legacy planning you’ll want to think about. But we’ll also look at how you can ensure your estate is protected for your loved ones, from passing on your pension benefits (page 3), to 10 ways to reduce your inheritance tax bill (page 10). It’s also your last chance to take advantage of your ISA investment for the 2020/21 tax year, read more about your options on (page 4).