Inheritance tax and it’s mitigation is not a complicated matter

One of the most important aspects of managing your estate and wealth when you pass is making sure that the beneficiaries of your will and estate do not have headaches when it comes to receiving their inheritance.

A properly, well executed inheritance plan can make sure that the pitfalls, headaches and expenses of this situation can be minimized for those coming behind.  Do it wrong and your heirs could end up with not only nothing but an expense on top as they try to deal with the expense of inheritance.

Here at Pennick Blackwell, using our financial knowledge, trusted products and working alliances with many worldwide investment companies and estate planners can walk you through this delicate process and secure your estate now so there will be no problems later on down the line.  A recent survey showed that only 27% of people who should have looked into this topic have actually taken steps to plan for their estate after their passing.

Many questions have to be addressed when making the plans for this situation and here at Pennick Blackwell we can guide you through the process, ask the pertinent questions and clarify your doubts in order to make it as easy as possible for you to get everything resolved.

Not only are people generally not aware of their liability in terms of inheritance tax, even fewer have looked into ways of mitigating their exposure.  Looking into the situation can allow you to see where you sit in relation to exposure to Inheritance Tax and some of the most important aspects to look into, including but not limited to –

• UK deemed domiciled
• Estate Value and allowances
• Couples Allowance

Once we have an idea of what you could be facing, we can then assist you in lessening the impact of Inheritance Tax and looking at ways to make sure that your estate is protected, free of outlandish charges and safe and sound for your loved ones to benefit from.

Inheritance tax and it’s mitigation is not a complicated matter, it just needs to be addressed, examined and planned for.

Prepare with Pennick Blackwell and minimise the risks to your money (and health!)