Trusts can be an effective way to reduce your inheritance tax (IHT) liability. Placing an asset into a trust relinquishes ownership to the trustee/s. This means that the value of that asset will be removed from your estate [...]
Inheritance tax (IHT) will need to be paid by your family on anything of yours that is of value after you die. Inheritance Tax is a tax on the estate of someone who has died, on any assets [...]
Children will soon be back at school for a new academic year. For those parents who have opted for private education, they have only seen their fees rise significantly in the last few years. According to figures released [...]
There can be some confusion about the service that a Wealth Manager can provide and how they can benefit their client’s financial goals. As a qualified IFA, a Wealth Manager can advise on any and all aspects of [...]
Putting your money or assets into a Trust can be a tax-efficient way of taking value out of your estate for Inheritance Tax purposes. Effectively, when you transfer anything into a Trust, it’s no longer regarded as yours [...]
The UK government offers a number of legitimate ways to reduce the amount of Inheritance Tax (IHT) you pay. For example, through effective planning, you could make sure that you give friends or family gifts of assets or [...]
When you die and leave money or possessions to your loved ones, Inheritance Tax (IHT) may be due on what you leave in your estate. But the tax owed will depend on everything from the overall amount you [...]
What is Inheritance Tax? Inheritance Tax (IHT) is the tax that’s applied by HMRC on the estate of someone who has died and doesn’t leave all assets to their spouse. This covers all their property, personal possessions and [...]
