Monthly Archives: July 2021

More families subject to Inheritance Tax

Posted on July 1, 2021 by - Uncategorized

Balancing your plan with other financial priorities is key

Making provision for Inheritance Tax needs to be balance the plan with your other financial priorities is key. Effective estate preservation planning could save a family a potential Inheritance Tax bill amounting to hundreds of thousands of pounds.

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Making a Will

Posted on July 1, 2021 by - Uncategorized

Three in five UK adults have not made provision

It’s important to make sure that after you die, your assets and possessions go to the people and organisations you choose, such as family members and charities you want to support.

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Inheritance Tax Residence Nil-Rate Band

Posted on July 1, 2021 by - Uncategorized

Passing on your wealth in the right way is key for its preservation

The introduction of the Residence Nil-Rate Band (RNRB) has made it easier for some individuals to pass on the family home. The rise in property prices throughout the UK means that even those with modest assets may exceed the £325,000 Nil-Rate Band (NRB) for Inheritance Tax.

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Lifetime transfers

Posted on July 1, 2021 by - Uncategorized

Giving away money from your estate to reduce your Inheritance Tax bill

Read more: https://www.which.co.uk/money/tax/inheritance-tax/inheritance-tax-planning-and-tax-free-gifts-aw1mb2n7snwx – Which?

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Leaving your legacy behind

Posted on July 1, 2021 by - Uncategorized

Considerations when making a Will

Thinking about death isn’t easy. Talking about it is even harder. The reality of our own mortality is a tough subject, but a discussion will ensure your assets are left to the right people.

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