![]() |
Financial Lifestyle Planning Ltd
Will Writers and Estate Planning |
![]() |
|||||||||||
|
|
|
|||||||||||
![]() |
Inheritance TaxInheritance Tax has to be paid when you die on all assets (your estate) above a certain level set by the Government. Up to that level is known as the Nil Rate Band (NRB) and you are not taxed on it, above it you are taxed at 40% on all you own - your home, possessions, savings and investments and all your other assets.If you are exposed to Inheritance Tax early planning is essential to mitigate its effect and to ensure that as much of your estate as possible goes to those people who matter to you most. The good news is that, if you use your personal annual allowances and exemptions, plan ahead and have an appropriate Will and trusts, you can significantly reduce your inheritance tax liability. This means that more of your estate can be passed on to your loved ones when the time comes. Professional advice and planning are essential to protecting your assets.
|
|
|||||||||||
![]() |
![]() |
![]() |
|||||||||||
![]() |
|
![]() ![]() ![]() ![]() |
|||||||||||
back
to top of page |