Making provision for Inheritance Tax needs to be balance the plan with your other financial priorities is key. Effective estate preservation planning could save a family a potential Inheritance Tax bill amounting to hundreds of thousands of pounds.
Continue reading “More families subject to Inheritance Tax”
It’s important to make sure that after you die, your assets and possessions go to the people and organisations you choose, such as family members and charities you want to support.
Continue reading “Making a Will”
The introduction of the Residence Nil-Rate Band (RNRB) has made it easier for some individuals to pass on the family home. The rise in property prices throughout the UK means that even those with modest assets may exceed the £325,000 Nil-Rate Band (NRB) for Inheritance Tax.
Continue reading “Inheritance Tax Residence Nil-Rate Band”
Read more: https://www.which.co.uk/money/tax/inheritance-tax/inheritance-tax-planning-and-tax-free-gifts-aw1mb2n7snwx – Which?
Continue reading “Lifetime transfers”
Thinking about death isn’t easy. Talking about it is even harder. The reality of our own mortality is a tough subject, but a discussion will ensure your assets are left to the right people.
Continue reading “Leaving your legacy behind”
