A lifetime’s accumulated wealth will include assets such as a private property, savings and investments, perhaps also shares. Where assets are liquid a review of investment strategies can result in a considerable saving in Inheritance Tax (IHT). Get in touch with our financial investment advisors for professional advice today.
Certain investments are exempt from Inheritance Tax after a period of two years and can form a useful part of Estate Planning. In particular we are able to advise on the use of:
Alternative investment markets shares can be free of capital gains tax.
The assets can be utilised as exempt from IHT.
Investment portfolios designed to create excess income could be utilised – so long as they don’t adversely affect your standard of living.
The suitability of such investments will depend on your circumstances and objectives. Our experienced advisers are able to guide you through the options and formulate an appropriate strategy.
Further information about Pensions & Retirement:
Inheritance TaxNews & Case Studies
Will you make provision for all those you hold dear?Posted in Fiducia News, Financial Advice (+1 more), on 08.03.18 Read Getting your affairs in order and planning what you want to pass on to loved ones Writing a will may seem daunting, and with everything else we should be thinking about it becomes just another chore on the to-do list. It’s especially important for cohabitating couples to have a will, as the surviving partner does not automatically inherit any estate or possessions left behind.
Inheritance Tax- The Residence Nil Rate Band (RNRB)Posted in Inheritance Tax, Discounted Gifts (+2 more), on 26.10.17 Read
The 2015 Summer budget announced the introduction of the residence nil rate band for inheritance tax. This measure introduces an additional nil-rate band when a residence is passed on death to a direct descendant. This is in addition to the standard Inheritance Tax Nil Rate Band (NRB) of £325,000 per person and is designed to give a married couple a combined IHT free amount of £1m on death from 6th April 2020.
This will be:£100,000 in 2017 to 2018 £125,000 in 2018 to 2019 £150,000...