What is inheritance Tax?
Inheritance Tax is paid on all your estates which is made up of all your assets (including property, savings, insurance policies and Investments) at time of death if it is over the threshold. This is taxed at 40%.
What is the threshold?
The current threshold is £325,000 for a single person and £650,000 for a married couple.
The larger and more complex your estate, the more important good tax planning advice becomes. To better protect your estate, we have partnered with some specialist advisors, and we are happy to talk through your options or provide assistance on any aspect of tax and estate planning.