INHERITANCE TAX
Inheritance tax is payable on the value of your estate when you die. The amount of inheritance tax due to be paid by those who inherit your estate varies according to your personal circumstances and who is set to inherit.
It’s often said that inheritance tax is a ‘voluntary tax’ as there are so many ways to avoid paying it, including making a will, setting up a trust and giving gifts while you are still alive. Effective financial planning and tax mitigation strategies put in place during your lifetime means your family needn’t worry about paying unnecessary tax on the estate they inherit.
Working in conjunction with our financial planning colleagues, Neal & Co’s tax experts can help reduce the burden on your loved ones and give you financial peace of mind for the future.
For advice on inheritance tax, contact info@nealandco.co.uk
