Inheritance tax planning
People need advice on Inheritance Tax Planning to:
- Keep assets within their family
- Protect assets passed to children/grandchildren from the risk of them becoming bankrupt or divorced
- Protect assets from the need to fund long term care later in life
Inheritance tax is payable at 40% of the value of an estate over the Nil Rate Band. Getting good advice and effective financial planning can help significantly reduce any Inheritance Tax payable.
It is now possible for a married couple or civil partnership to carry forward any unused Nil Rate Band on the first death for use on the death of the survivor.
If you are ready to find out more about Inheritance Tax Planning, please click on the blue button below to go to our partners website. This will provide you with more information and access to advice from award winning Wealth Managers.
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