If the value of your estate exceeds the nil rate band threshold then your estate will be subject to inheritance tax.
You may have a strong view on estate planning, whether that is the preservation of your estate, creating a legacy for future generations, simply reducing the burden of the tax bill for your heirs or leaving things to charity.
It usually begins with a properly drafted will, but often further planning might be appropriate such as gifting, creation of trusts, special IHT exempt or IHT efficient investments or a simple insurance policy. We work with you to find a solution that strikes a balance between access, control, security and cost.
Throughout the key stages in life it is important to continue to make use of tax allowances available to you in order to create the most tax efficient income possible.
As Chartered Financial Planners we have the expertise to consider how your assets can be maximised to produce the most tax efficient income for you.