Inheritance Tax (IHT) is regarded by many as the cruelest of taxes.
Having spent your whole life paying tax on earned and investment
income, another 40% of all assets you have amassed over the tax-free
threshold, will be claimed back by the Inland Revenue.
Opportunities exist to legitimately reduce, or even eliminate, the
impact of Inheritance Tax on your family. Left unchecked, IHT could
be the largest bill that you ever pay.
In order to establish whether Inheritance Tax is an issue for you and
your family, you should first calculate the combined value of your
assets. Remember, everything that you own, from your family home
down to your wristwatch, can count as part of your estate.
If you feel that IHT is an issue of concern you should contact us
immediately. Taking good, early action could save your family
a significant amount of tax.
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The FSA do not regulate some forms of inheritance tax planning.
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