Inheritance Tax

Inheritance Tax (IHT) – Mitigate/Eliminate

Inheritance Tax (IHT) is in effect a ‘voluntary tax’. With careful planning, IHT can be reduced and even be avoided altogether.

IHT was applicable to few wealthy individuals. However, now a days with higher property prices and more common home ownership, a great number of individuals are exposed to IHT on their estates.

Generally, individuals are not willing to surrender assets, as a result, without adequate tax planning, are exposed to IHT of 40% on their death.

We can, however, using various tax strategies, reduce and even eliminate entirely the potential IHT on one’s estate, whilst remaining the control and the ownership of one’s assets and income.

Our Aim

To achieve a reduction in the value of the asset for IHT purpose, hence to reduce and even to eliminate IHT altogether.

To remove the value of the family home from the estate whilst continuing to live there, and without falling foul of the IHT legislation.

Criteria

Individuals with estates in excess of £1Million qualifies for strategies available.

Contact us to protect your Wealth