Inheritance Tax Residence Nil-Rate Band
Owning a residence which you leave to direct descendants The introduction of the ‘residence nil-rate band’ (RNRB) has made it easier for some individuals to pass on the family home. The rise in property prices throughout the UK means that even those with modest assets may exceed the £325,000 ‘nil-rate band’ (NRB) for Inheritance Tax. […]
Strategies and solutions
Provision in place to preserve and protect your assets Failing to protect family wealth from Inheritance Tax could cost families thousands of pounds. However, there are various strategies and solutions to legally avoid paying this tax. While some of us may want to spend it while we can, there will be others who want to […]
Preserving your family’s wealth
Achieving the right balance of control, access, flexibility and tax advantages Inheritance Tax is a tax on an estate (the property, money and possessions) of someone who’s died. Intergenerational planning helps you put financial measures in place to benefit your children later in life, and even your future grandchildren, but it’s important to start planning […]
