Many of us will be subject to IHT due to the rapid rise in the value of homes.

For 2010/2011 an individuals nil rate band or tax free allowance is £325,000 and anything in excess of this will be taxed at a rate of 40%. Married couples and civil partners can have a combined estate of £650,000 before becoming liable for IHT. This however, is not the case for unmarried couples but taking advantage of both persons nil rate band can be done by using a discretionary nil rate band trust in your will.

From the 9th October 2007 Spouses and Civil Partners are able to transfer their nil rate band allowances so that any part of the nil rate band not used when the first person dies can be transferred to the survivor and added to their allowance.

Inheritance Tax is a very complex area of Financial Planning.

It incorporates difference types of policies for specific purposes such as:

Inheritance Tax Planning requires specialist advice and would need to be structured carefully over a period of time. However, once your carefully structured plan has been implemented, it can be reviewed annually as part of Portfolio Management Service

Would you like to make an appointment or request further information?

If so, Please contact us on 0845 688 4939 or alternatively complete our

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