Inheritance Tax Planning
Inheritance Tax! It would appear that nobody likes to pay tax. So you would be to surprised to learn that inheritance tax is actually a voluntary tax. Think about it, when you earn money you have no choice but to declare your income and you have to pay tax! But inheritance tax is actually different, you could actually give everything away and provided you did not retain any benefit from the item you gave away and you lived another seven years, when you died you would not have to pay one single penny in inheritance tax.
We accept that giving everything away is a little extreme, however there are plenty of other solutions, including discretionary trusts, immediate post death interest trusts and pilot trusts, to name just a few.
Why not let us see what we can do for you. One simple call and together we can create a plan for you! Why not call us on 0845 600 3527 to see what we can do for you.