Inheritance tax is a complex area that can have a significant impact on your wealth and family.
Inheritance Tax is a tax paid on your property and belongings (estate) when you die. It is paid before probate is granted and it can take a sizeable slice out of the wealth you wish to leave your family.
Your estate, for Inheritance Tax purposes includes but not limited to:
- Your home and any other properties you own
- Your possessions
- Bank and Building Society accounts
- Pension & Investments
- ISAs
- Insurance policies not written in the Trust.
Lifeline Wills can help you structure your estate efficiently so your loved ones can make the most of your assets, wealth, and property.
By planning ahead, you can significantly mitigate your inheritance tax bill, but also ensure you have enough money to live on and enjoy life now.
Get in touch to Plan in advance to Protect and Preserve your Assets.