In Brief: Safeguarding your wealth for future generations
Tuesday, 18 June 2019
When a loved on passes away the last thing that people consider is the impact that Inheritance Tax (IHT) can have should the worst happen. Unexpected life events and circumstances can potentially impact your finances yet there are there are legitimate ways to mitigate against IHT. Some ways in which you can moderate the IHT process are making a Will, give lifetime gifts, set up a trust, and give a portion to charity. Seeking professional financial advice could help you to manage your estate.
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suggestions made. All information is based on our understanding of current tax practices, which are subject to
change. Always remember when investing, past performance is not necessarily a guide to future performance and
the value of some investment units can fall as well as rise.
