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Most of us expect to live a secured life, yet few of us do. Secured credit cards with 0 interest can offer us a measure of security we need. Secured cards are available on the Web. Banks often promote cards for those with excellent credit scores, but everyone can get a credit card.

Those with poor credit scores may have to pay a deposit on the credit cards with 0 interest. Once the cardholder pays a deposit, his or her card becomes a credit line. These days lenders usually focus on the people whose credit is less than perfect because millions of people are in debt. Lenders know that those in debt need to reestablish their credit. Similarly, some people have no credit history. Credit cards can provide people with ways to establish a credit history by allowing you to make payments on time. Read the rest of this entry »

I’m keen to find out whether the coalition government may decide to make changes to Trusts or Business Property Relief in the near future, as it would effect my inheritance tax planning.

I have been working with a consultant from Inheritance Planning Review and we’ve got a strategy in place which would look to mitigate my liability considerably. However I have heard that the government may be reviewing the current rules regarding Chargeable Lifetime Transfers and Discretionary Trusts, and therefore do not want to put something in place which may not be suitable for our circumstances. There was also an article which said that Enterprise Investment Schemes which qualify for Business Property Relief, and therefore means the investment is considered outside your estate for inheritance tax purposes after 2 years, may also be reviewed by the government. It seems that they’re not happy with people using these plans in a low risk manner with the prime objective being to avoid paying tax.

I’m not sure if there is any truth in these rumours but if anyone has any opinion or information on this then I’d be grateful.