Inheritance Tax Planning.
If when you eventually die you have an estate in excess of your available Nil Rate Band your family will be liable to pay tax on the excess before the balance of the estate can be distributed to your beneficiaries. This is often regarded as a voluntary tax as it can be legally avoided or reduced with specialist professional advice.
Most gifts of assets or capital remain in your estate for seven years which means that you need to survive for seven years from the date of the gift for it to be effective for tax purposes.
As specialists in this field we can help you to reduce your family's IHT liability by:-
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immediately removing capital from your estate whilst retaining access to an income.
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removing capital from your estate and retain limited regular access to your capital.
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removing capital from your estate after a two year period and retain access to the capital and income.
As this is an extremely complex area of financial planning we have a specialist web-site at:
