Your estate will be as unique as you are. Your estate will be made up of everything that you own including family businesses, property portfolios, savings, investments and overseas assets. Life events such as births, marriages, death and divorce can all impact unprotected legacies. This demands consideration of the full range of options available to enable your cash and assets to be protected and passed on as you wish.
Estate & Inheritance Tax Planning
Estate planning involves planning how to pass your assets to the intended beneficiaries in the most tax efficient manner. A significant part of estate planning will be to minimise the Inheritance Tax (“IHT”) bill. IHT is no longer a tax reserved for the wealthy and is the tax paid on assets left when someone dies, after any IHT allowances or exemptions are applied. There are a number of planning opportunities for IHT and so there are plenty of things you can do, during your lifetime, to ensure that you pass on maximum wealth to your intended beneficiaries.