Preserve your wealth for future generations
I want to plan for my legacy
Thinking about your own mortality can be uncomfortable – discussing it with your family even more so. But as the government is collecting more from death taxes than ever before it’s well worth getting inheritance tax advice.
Inheritance tax or IHT is often described as ‘voluntary’. But with the official government figures topping £5.2bn* at the latest count it would seem to be quite the opposite. Rising house prices and the complexity of the rules mean more and more estates are paying inheritance tax. Good planning may reduce, or even eliminate the potential tax liability.
We can help you with estate planning so that as much of your wealth as possible passes to your chosen beneficiaries rather than HMRC. If you’ve been asking yourself:
What are the various inheritance tax reliefs?
How and when should I go about gifting?
Can you work with my legal adviser to update my Will?
Who can help me? How do my estate plans fit in with my retirement plans?
Talk to us. Tax rules are subject to change and taxation will vary depending on individual circumstances. To find out more give us a call today or complete the form below.
We need to talk about death and taxes
Thinking about your legacy?
Do I need life insurance?
How do I set up a Power of Attorney?
Will gifts be exempt from IHT?
What are the rules on gifting?
Writing a Will
How do I choose the executor and beneficiaries?
Is my Will legal?
How do IHT allowances work?
Is my home exempt from IHT?
Watch our webinar
Join Nick Heath, head of Private Client Business Development, and Michael Martin, Private Client Manager, as they discuss the topic, and how to make the most of the additional allowances.