As Benjamin Franklin once said “In this world, nothing can be said to be certain, except death and taxes”. Inheritance Tax spans both of these.
We recognise that this can be a sensitive area, and not everyone wants to approach it in the same way. Inheritance Tax planning does not always have to be complicated, and there can be straightforward measures that you can take to reduce your estate.
- Have you made a valid Will (and updated it post marriage or divorce?)
- Do you have a Lasting Power of Attorney?
- Do you actually need to protect your estate against Inheritance Tax?
- Are you up to date on gifting allowances and the new main residence allowance?
Sometimes, you may need to consider more complex trust planning or specific specialised investments to meet your objectives, but we can certainly discuss the options with you.
We’d just like to let you know that Inheritance and Tax Planning advice are not regulated by the Financial Conduct Authority.