Inheritance Tax Planning
Plan ahead to leave more for your loved ones, and secure your estate.
IHT currently stands at 40% above the nil rate band (£325,000). At NLP Financial Management our consultants specialise in bringing clarity and peace of mind to this important and complicated area.
With our IHT experience and with our team keeping constantly up to date with the legislation and rules, we can help you effectively plan how to pass on your assets to your children and beneficiaries.
There are currently many ways you can reduce your tax liability in this area, including:
- Making gifts
- Investing in specific assets that are exempt from inheritance tax
- Taking out appropriate life insurance to cover your IHT liability
- Using trusts alongside specialist investment products
The right strategy for you will likely differ from someone else with a unique set of financial circumstances.
By speaking with a qualified IHT consultant, you can tailor a financial plan which is right for your needs and goals, basing your decisions on solid information.
”I have been with my Accountants for businesses which were held by the family from the early sixties. After retirement, they recommended Chad who has looked after our investments with sound advice on all aspects including inheritance taxation. The meetings are helpful and he is only a phone call away when needed.
Excellent customer service.Jenny, Kent