With some exceptions, most parents want to ensure they treat their children equally. The problem is, if they use their wills to level up who’s had what, their definition of equally may differ from that of their kids. Some will without doubt feel more equal than others and in many families, a will can lead to open warfare and woulds which never heal. The answer is to make sure there are no surprises and no dramatic, gothic-novel, gasp of surprise-style reading-of-the-will ceremonies. Easier said than done, as it involves the sort of frank conversations at which we Brits are generally rubbish. Or leave too late.
“Reeves backs down on plans to cut ISA limit”
So it looks as though Cash ISAs are safe for the moment (FTM – is that a thing?) Rachel has apparently ‘bowed to pressure’ from the banks and building societies and decided not to reduce the allowance to £4,000 for cash and to keep the £20,000 parity with Stocks and Shares ISAs. Bowed also to common sense, I’d say.
