Interview with Stuart Ritchie, author of Who Will Get My Money When I Die?: The concise guide to making your Will and reducing the impact of Inheritance Tax on your Estate
Stuart Ritchie, author of Who Will Get My Money When I Die?: The concise guide to making your Will and reducing the impact of Inheritance Tax on your Estate recommends a fabulous flurry of books! Before jumping into the interview, please check out Stuart's book:
Description from Bookshop.org: (All links earn commission from purchases. Prices accurate at time of writing)
Who Will Get My Money When I Die?: The concise guide to making your Will and reducing the impact of Inheritance Tax on your Estate
Are you worried about your Inheritance Tax liability, what to do with your assets, or how to provide for yourself in your old age while still leaving something to those you want to benefit from your Estate?
Who Will Get My Money When I Die? is a clear and comprehensive guide to Inheritance Tax and legacy planning that will allow you to enjoy life to the fullest, knowing your affairs are in order. Packed with practical guidance and real-life case studies, it shows you how to avoid unwanted surprises or crippling tax bills for your heirs and ensure your wishes are carried out.
Understand how to:
- Calculate your wealth and your potential Inheritance Tax liability
- Identify the options available to you when it comes to deciding how and to whom you should leave your money
- Maximise legitimate tax-saving opportunities in your lifetime to help limit Inheritance Tax liability on death
- Plan and provide for your own needs in old age and in case of ill health
- Structure your Estate tax efficiently while retaining control during your lifetime
Buy On:
Bookshop.org UK £16.14
Bookshop.org US $21.99
Blackwells £12.99
Waterstones £16.99
Q. Do you have a favourite smart thinking book (and why that book)?
Good to Great: Why Some Companies Make the Leap... and Others Don't by Jim Collins. Description from Bookshop.org: (All links earn commission from purchases. Prices accurate at time of writing)
I am a great fan of Jim Collins and his book Good To Great. Collins has studied the most successful corporations of recent times to determine how a business goes from being good to being great. He provides a framework of concepts: First Who … Then What, Confront The Brutal Facts (Yet Never Lose Faith), The Hedgehog Concept, A Culture of Discipline, and finally Technology Accelerators. Get it right and you have the flywheel effect - continuous nudges in the right direction and you have a self-propelling success. Get it wrong and you have a doom loop, and we all know where a doom loop ends up. And just to keep us all grounded, he has a companion book “How The Mighty Fall - and why some companies never give in”.
Good to Great: Why Some Companies Make the Leap... and Others Don't
Can a good company become a great one? If so, how?
After a five-year research project, Jim Collins concludes that good to great can and does happen. In this book, he uncovers the underlying variables that enable any type of organisation to make the leap from good to great while other organisations remain only good. Rigorously supported by evidence, his findings are surprising - at times even shocking - to the modern mind.
Good to Great achieves a rare distinction: a management book full of vital ideas that reads as well as a fast-paced novel. It is widely regarded as one of the most important business books ever written.
Buy On:
Bookshop.org UK £21.84
Bookshop.org US $32.55
Blackwells £22.99
Waterstones £22.99
Q. What's the most recent smart thinking book you've read (and how would you rate it)?
How to Make Big Money In Your Own Small Business: Unexpected Rules Every Small Business Owner Needs to Know by Jeffrey J. Fox. Description from Bookshop.org: (All links earn commission from purchases. Prices accurate at time of writing)
In my time, there have been a number of books that I periodically re-read, no more so than Jeffrey J. Fox’s How To Make Big Money In Your Own Small Business. This is one of a series of pithy guides to entrepreneurship from Fox, who has a number of bestselling books. The strap line to this book is “Unexpected Rules Every Small Business Owner Needs to Know” and includes gems such as Hire Ex-Paperboys (and you could say Ex-Papergirls too), No Home Office (written before the pandemic but still highly relevant), Selling is Job 1 (obviously), Never Run Out of Cash (also obviously) to name but a few. I cannot recommend this book highly enough to anyone with their own business.
How to Make Big Money In Your Own Small Business: Unexpected Rules Every Small Business Owner Needs to Know
With only about half of small businesses still trading after the first three years, setting up and surviving as an entrepreneur can be a tough game. Bestselling author Jeffrey Fox has come up with a winning formula for small-business owners to guarantee themselves commercial success and, what is more, how to make big money in the process.
This book offers simple, practical and unique advice on every aspect of running a small business, from how to get start-up money to staying in profit. Fox also provides more creative and quirky insights into how to be successful such as why you should:
--not to work from home
--hire an ex-paperboy instead of a Harvard graduate
--pick up paperclips but overspend on your customers.
Whether you're already a small-business owner or are simply contemplating becoming one, this guide is essential reading.
Buy On:
Bookshop.org UK £12.34
Waterstones £12.99
Q. Do you have a favourite childhood book?
The Lion, the Witch and the Wardrobe by C.S. Lewis. Description from Bookshop.org: (All links earn commission from purchases. Prices accurate at time of writing)
It has to be The Lion, the Witch and the Wardrobe, the best known of the seven novels in The Chronicles of Narnia. It was an enthralling read in my teenage years, leading onto my reading all of the novels in quick succession. C. S. Lewis writes on many levels and I was pleasantly surprised to find the Narnia books featured in an adult christian education course.
The Lion, the Witch and the Wardrobe
Open a door and enter a magical world.
A beautiful paperback edition of The Lion, the Witch and the Wardrobe, book two in the classic fantasy series, The Chronicles of Narnia. This edition is complete with cover and interior art by the original illustrator, Pauline Baynes.
Four adventurous siblings – Peter, Susan, Edmund, and Lucy Pevensie – step through a wardrobe door and into the land of Narnia, a land frozen in eternal winter and enslaved by the power of the White Witch. But when almost all hope is lost, the return of the Great Lion, Aslan, signals a great change . . . and a great sacrifice.
The Lion, the Witch and the Wardrobe is the second book in C. S. Lewis's classic fantasy series, which has been drawing readers of all ages into a magical land with unforgettable characters for over sixty years. This is a stand-alone read, but if you would like to explore more of the Narnian realm, pick up The Horse and His Boy, the third book in The Chronicles of Narnia.
Buy On:
Bookshop.org UK £7.59
Bookshop.org US $11.15
Blackwells £7.99
Waterstones £7.99
Q. Do you prefer reading on paper, Kindle or listening to an audiobook?
Paper, of course, but occasionally audio books when on a long drive.
Q. Do you have a favourite bookshop (and why that shop)?
Waterstones
Hammicks of old, now the site of an optician’s branch in my hometown. It has of course morphed into Waterstones, which now has a more prominent location, a sizeable floor space and an incredible array of books appealing to many. But back in the day, it had all the editions of my favourite books by the likes of Ian Fleming, James Herriot and of course C.S. Lewis.
Many thanks to Stuart for recommending a fabulous flurry of books! Please don't forget to check out Who Will Get My Money When I Die?: The concise guide to making your Will and reducing the impact of Inheritance Tax on your Estate.
Daryl
Image Copyrights: (Who Will Get My Money When I Die?: The concise guide to making your Will and reducing the impact of Inheritance Tax on your Estate), Cornerstone (Good to Great: Why Some Companies Make the Leap... and Others Don't), Ebury Publishing (How to Make Big Money In Your Own Small Business: Unexpected Rules Every Small Business Owner Needs to Know), HarperCollins Publishers (The Lion, the Witch and the Wardrobe).
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