Inheritance Tax Planning from Ascot Lloyd

Call 0845 345 5111 for Estate Planning

Minimise the effect of Inheritance Tax.

If you had died yesterday, would everything you own be worth more than £325,000, or £650,000 if you are married, a widow(er) or in a Civil Partnership?

If the answer is yes, and you do nothing, you are voluntarily paying tax at 40% on the excess. That’s £40,000 in tax for every £100,000 above the threshold!

Who would you prefer to have the money, the government, or your family? If you want your family to benefit, you need help to organise a solution that is tailored specifically to your assets, your aspirations and your family.

We have Estate Planning specialists who can ensure that your will is properly structured, and your assets invested in such a way as to minimise the effect of Inheritance Tax, whilst giving you the continuing access to capital or income you need. In certain circumstances, the reorganisation can also have the beneficial effect of reducing your income tax bill. If there is a residue of tax that cannot be avoided by sensible, legal planning, then we can help arrange for it to be paid.

Inheritance Tax has to be paid before Probate is granted, i.e. before your family have access to your assets. Sensible planning can be of great assistance to your executors.

Please call 0845 345 5111 to arrange to speak to an Estate Planning specialist or Click here to send an Estate Planning enquiry