For many this can be a difficult subject to understand and talk about. The aim of this area is to give you a little bit more knowledge and an understanding of how inheritance tax can affect you and your family.
It is important to Swann Financial Consultancy and all our advisers that you are all able to have a general understanding of the impact of inheritance tax before it’s too late for you to put relevant plans in place. This is so you can make sure your money goes to the people you want it too and not all taken by the government in tax.
For more information please have a look through this area on inheritance tax. And for more in-depth knowledge register for our live webinar.
The levels and bases of taxation, and reliefs from taxation, can change at any time. The value of any tax relief depends on individual circumstances.
Inheritance Tax is widely viewed as unfair, and even the experts agree it’s complex: only effective and early planning can help minimise its impact on your estate.
The families that have suddenly lost a loved one to this virus now have the unfortunate burden to also deal with inheritance tax, and the legal requirements that goes along with it.
Britons are ignoring estate planning tools that could help them to pass on more of their estate to the next generation.