INHERITANCE TAX & ESTATE PLANNING

The most hated tax of all sometimes referred to as the death Tax

If planned correctly you can ensure that your assets are passed onto your loved ones in a tax-efficient manner. Let one of our experts do a complete review of your estate and we will advise how best it should be structured.

Inheritance Tax once only applied to the higher echelons of society.  Now with a burgeoning middle class and property prices increasing drastically, more of us are falling within the scope of Inheritance Tax. Suffice to say the amount raised by the exchequer from Inheritance Tax is increasing every year.

It’s often considered an unfair tax, after all, you spend all your life paying tax and then, when you finally leave this earth, a hefty 40% of your estate goes to the tax man.  We class this as a voluntary tax, as there are so many planning opportunities to cater for this.  In reality, you have your whole life to plan for it, but, don’t leave it too late!  If you haven’t already planned for this and your advisor hasn’t brought this to your attention, you really need to question what on earth are they doing for you.

If planned correctly you can ensure that your assets are passed onto your loved ones in a tax efficient manner. Let one of our experts do a complete review of your estate and we will advise how best it should be structured.