Inheritance Tax Planning from Cummins Financial Advisers Limited
With sensible and realistic Inheritance Tax Planning advice from Cummins Financial Advisers Limited, you will be safe in the knowledge that your beneficiaries and loved ones will receive every penny due to them from your estate.
If you have owned your home for a number of years, it is likely that the value will have increased, which may mean you are wealthier than you think. Inheritance Tax (IHT) is charged at a rate of 40% on everything above the current threshold specified by the government. This means that if the value of your entire estate – including your property, its contents, vehicles, savings, investments and life insurances etc. – exceeds this threshold, your beneficiaries (other than your spouse) may not receive as much as you would like. This is the reason so many of our clients are seeking arrangements to limit or even eliminate the amount of Inheritance Tax (IHT) due.
Whether you simply want advice on how to limit your beneficiaries’ Inheritance Tax (IHT) liability, or you are a trustee or potential beneficiary of a trust, Cummins Financial Advisers Limited has the expertise, knowledge and skills to advise you on the possible ways to reduce or even eliminate Inheritance Tax (IHT) on your estate.
To find out more about Inheritance Tax Planning advice from Cummins Financial Advisers Limited, please feel free to browse our website. Alternatively, for a no-obligation chat about your Inheritance Tax Planning requirements, please call 01244 571050 or click Inheritance Tax Planning Advice to send us an email.
Please note: The levels and basis of reliefs from taxation are subject to change and their value depends on the individual circumstances of the investor. The Financial Conduct Authority does not regulate taxation and trust advice.