Inheritance Tax planning

Inheritance Tax (IHT) is a tax payable on the total value of a deceased person's estate and reduces the amount that may be passed on to your beneficiaries in the event of your death.

 

It applies at the rate of 40% on assets valued in excess of the Nil Rate Band (which is £312,000 for the tax year 2008/09).

You can undertake appropriate planning to increase the amount that may be passed to your beneficiaries, and therefore minimise the effects IHT can have on your estate.

We can advise you on a number of solutions, from mitigation through different trust arrangements to insuring any potential tax liability.

To obtain advice on IHT and the related implications, you can contact your local Financial Consultant, using the locator below. Alternatively, call us on the number above or leave your details and we will call you back.