Estate Planning
Inheritance Tax:- "Inheritance tax is, broadly speaking, a voluntary levy paid by those who distrust their heirs more than they dislike the Inland Revenue" -Lord Jenkins
When you die your estate will have to pay inheritance tax at the rate of 40% on assets over the nil-rate band, currently £624,000 for married couples and civil partnerships, remaining at £312,000 per individual, unless you take some form of action.
If you are a homeowner, you may well have a problem.
We advise on a variety of means of mitigating inheritance tax, including the use of trusts, wills and allowances.
Contact Andrew Burdge for a confidential chat to see if we can help reduce your inheritance tax liability.
The Financial Services Authority does not regulate taxation advice.