As property prices make inheritance tax (IHT) a reality for many in the UK, we’ve looked at a number of ways to prevent HM Revenue and Customs being one of the largest beneficiaries of your estate.
There are legitimate ways to mitigate IHT, which is why it is sometimes called the ‘voluntary tax’. Unfortunately, some of the most valuable exemptions must be used seven years before your death to be fully effective, so it makes sense to consider ways to tackle IHT sooner rather than later and to seek professional advice.
Tax treatment depends on individual circumstances and may be subject to change in the future. The information given is not intended to provide legal, tax or financial advice.
Our financial planning service includes inheritance tax advice and trust solutions.
To be eligible for the service you need £100,000 sole annual income or £100,000 in savings, investments and/or personal pensions.
Before any services or products are provided to you we will explain what advice we can give and what products and services this covers, and any advice or product charges that apply and agree these with you.
All information is correct as at October 2018
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