Imaginative Inheritance Tax Planning
Roy Jenkins once famously described Inheritance tax as a “voluntary tax!” The reality is that this tax is very far from being voluntary since the rise in house prices over the past few decades means that the current Inheritance Tax threshold of £325,000 will inevitably affect more and more of us.
There are a whole host of ways in which we can help you minimise the amount of IHT your family will face. For example, it may be possible to arrange your life insurance in such a way that the proceeds remain outside your estate, and can be used to meet the IHT liability arising from other assets.
Investments can also be set up or rearranged so that, whilst you retain access to your money during your own lifetime, the funds may eventually fall outside of your estate on your death and so not be liable for IHT.
At david winter Independent Financial Advisers Ltd, we are able to help clients make informed decisions about all the options available.
Created using it'seeze website design
