“Why let the Chancellor have 40% of your estate instead of your beneficiaries?”
The late Lord Jenkins said, “Inheritance Tax is a voluntary tax paid by people who distrust their beneficiaries more than they dislike the Inland Revenue”.
There are various ways of mitigating Inheritance Tax:
§Creating a second estate
§Discretionary will trusts
§Discounted gift trusts
§Loan and discounted gift trusts
§Bare trusts (absolute)
Please note that for the 2007/2008 tax year, Inheritance Tax is payable at 40% above assets of £300,000
Guildford Wealth Management will discuss the best options available to you in conjunction with an examination of the most recent changes in legislation.
Guildford Wealth Management Limited is an appointed representative of Sage Financial Services Limited, which is authorised and regulated by the Financial Services Authority.
Sage Financial Services is entered on the FSA register (www.fsa.gov.uk/register) under reference 150452.
The information and content of this site is intended for UK consumers and is subject to the UK regulatory regime. The FSA do not regulate will writing services or some forms of mortgages and tax planning services.
Guildford Wealth Management Ltd, Registered in England No. 05010154. Registered Office The Clock House, 140 London Road, Guildford, Surrey GU1 1UW
