Inheritance TaxInheritance Tax planning used to be the preserve of the wealthy, but today there are many people whose ownership of their home brings them within the scope of Inheritance Tax when they die. Even a relatively modest house can create a liability for a single person. Meanwhile, the younger generation struggles to get onto the housing ladder, to enjoy the prosperity that many older people have come to take for granted. Although the Government keeps a close eye on Inheritance Tax planning, there remain a number of arrangements which can alleviate the problem for many of us and which continue to enjoy the taxman’s blessing. A straightforward life insurance policy fits the bill for many people, but for others a more complex, trust-based arrangement will be appropriate. Almost all of us can take steps of some sort to reduce the impact of Inheritance Tax on our successors. |
GT Independent Financial Advisers
Wall Terrace,
44-46 Chapel Street, Marlow,
Buckinghamshire. SL7 1GG
t: 01628 473298
f: 01628 481166
e: enquiries@gtifa.co.uk
GT Independent Financial Advisers have been running Retirement and Midlife Financial Planning seminars, often as part of broader-based midlife and retirement seminars, for employers of all types for many years.