You’ve worked hard all your life so it is understandable that you want to make sure the wealth you’ve created will benefit the people that are close to you when you are no longer here. Our Inheritance Tax (IHT) experts can help you ensure that your loved ones are not left with an excessive and unnecessary tax bill.
IHT is currently imposed at 40 per cent on estates with a value in excess of £325,000. With ever-increasing house prices, IHT is becoming a real issue for more and more people.
Although it’s important to minimise tax liabilities for your loved ones, it’s equally necessary to make sure that you retain sufficient capital and income to provide you with a comfortable standard of living.
We can help you put a strategy in place that makes sensible provisions for you and your family, taking into account any changes in personal circumstances that you might wish to plan for in later life.
We can help you do this by:
To find out how we can help you and your family with Inheritance Tax planning, please get in touch with us for an informal chat today.