Inheritance Tax & Legacy Planning

Planning ahead is a great way of ensuring you can reduce your future exposure to inheritance tax and protect your legacy. Our expert advice will not only give you peace of mind, but be tailored to your individual needs.

As the Inheritance Tax Allowance hasn’t increased increased in recent years but the value of property has steadily increased more and more people are finding themselves liable to paying Inheritance Tax (IHT).

IHT is chargeable at 40% and with an individual having a personal allowance of £325,000, without appropriate planning more people could become liable for a tax which can be reduced with forethought and strategic planning.

Using our services can help you benefit by:

Looking at your objectives, family and business structures, to ensure your wealth and assets are passed onto the next generation in the way you want.

Minimise the impact of inheritance tax on your estate, whilst ensuring you are suitably provided for.

Planning for larger estates which are more complex.

Producing future plans for business owners considering your future plans.

Plans are produced in an easy to understand manner, with as much or as little detail as you like.

Reviewing your plans in the future as circumstances and legislation change.

Making sure your wealth is passed on to the people and causes close to your heart.

Some options available, which can be combined include:

Trusts

Investment structures

Gifts

Wills

Life assurance

Utilising reliefs and allowances

SRC Accountancy Services

Contact us today!

Call: 01384 403500

Talk to us now to discuss your requirements

Email us

info@srcaccountants.co.uk

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Find out what is involved in succession planning

Call 01384 403 500.