Blog

Following last month’s Budget announcement, business-owning and farming families are facing significant changes to Business Relief and Agricultural Property Relief, with new limitations proposed to take effect from April 2026.

Planning for the future and securing your family’s financial well-being is a top priority for our clients, but estate planning can be a complex and often confusing process. One common concern we hear from our clients is about the implications of Inheritance Tax (IHT) for their children.

It is now officially Spring and there's no better time to prioritise what truly matters – safeguarding your future and that of your loved ones. Amidst the promise of brighter days ahead, it's essential to pause and reflect on one of the most fundamental yet often overlooked aspects of life: having a Will. At Macnabs, we believe that crafting a Will should be at the top of everyone's to-do list, as without one your estate will be divided up according to the law, which may not reflect what you would like to happen.

Whilst making a Will is important for every individual, it is even more important for those in non-traditional families to ensure that their future wishes are laid out in black and white and protect those around them. At Macnabs we are seeing more one-parent families, blended and stepfamilies, and civil partnerships, all of which can lead to complicated estate planning issues.