Inheritance Tax

After a lifetime of paying taxes and building up assets, it is increasingly likely that even after death, you may have a tax liability.

Rising property values have seen more and more families caught out by inheritance tax (IHT).

This is a tax on the total value of a deceased person's estate that exceeds the IHT nil rate band of £312,000 for 2008/09. IHT is charged at 40% on any amounts in excess of this.

However your likely exposure to IHT can be minimise by planning ahead. We can advise you on a number of solutions, from tax mitigation to insuring any potential tax liability.

To contact your local Financial Consultant, please use the locator below. Alternatively, call us on 0800 358 0325 or if you prefer, we can call you.

The above information is based on how we understand tax rules now. They may change in the future.