Inheritance
Why is inheritance planning important
Introduction to estate planning Between April and October 2024, IHT receipts reached 5.0 billion pounds sterling, a significant increase of 0.5 billion pounds sterling compared to the same period of the previous year. The factors stimulating this increase include: Increase in properties of properties, which push areas above the IHT thresholds. The IHT Nile-Rate Frozen […]
Why is inheritance planning important
Introduction to estate planning Between April and October 2024, IHT receipts reached 5.0 billion pounds sterling, a significant increase of 0.5 billion pounds sterling compared to the same period of the previous year. The factors stimulating this increase include: Increase in properties of properties, which push areas above the IHT thresholds. The IHT Nile-Rate Frozen […]
Reduce inheritance taxes
Introduction Inheritance tax (IHT) is a concern for many people planning their estate, particularly those with significant assets. Although there are several strategies for reducing inheritance tax, the “Rysaffe Principle” is one of the lesser known but very effective methods. This strategy helps mitigate the IHT burden through the use of multiple trusts. Here is […]
Inheritance taxes and autumn budget
Inheritance taxes: what can we expect from the autumn budget? The new Labor government faces potentially painful decisions as it tries to plug the “£22 billion black hole” allegedly left in the government’s finances. We should therefore prepare for possible impactful tax changes. Will inheritance tax and capital gains tax be a hot topic? Labor […]
Inheritance taxes for owners
Some advisers claim that by taking a series of steps planned in advance, the value of a property company’s shares is completely sheltered from inheritance tax (IHT). When something seems too good to be true… Unfortunately, the reality is that property held personally, in a trust or in a business will be subject to IHT. […]