Inheritance Tax Planning
Financial Foresight can help you and your family legally avoid huge amounts of Inheritance tax in the event of death. We negotiate the minefield of capital taxes by offering face–to–face, personal financial advice to ensure you and your assets are protected officially.
Inheritance tax can cost your family thousands in the event of death, however, by making a plan you can prevent your loved ones receiving a bill for your estate when you are no longer there.
Inheritance tax planning will help reduce your estate’s liability and allow you to consider your options to ensure you get the most appropriate solution for your circumstances.
What does Inheritance Tax include?
Inheritance tax includes:
· Your home
· Holiday homes
How much tax do you pay?
Currently your estate will have to pay tax of 40% on anything above the £325,000 inheritance tax threshold when you die. This is a substantial amount of money.
To help your loved one’s cope with your financial situation when you are no longer there contact us today. Through estate planning, we can help you reduce the inheritance tax bill on your estate.
We can help you plan your inheritance tax planning contact us today!