Call us on 01792 477763

Avoiding Inheritance Tax

Help your children inherit more and give them the best future possible.

Estate Planning
  • Home
  • Estate Planning

Estate Planning & Inheritance Tax.

Inheritance tax is perhaps the most disliked of all taxes. People having worked hard and paid income tax and capital gains taxes throughout their lives are then subject to perhaps the heaviest tax of all, upon their death. No wonder clients wish to reduce or even avoid paying ‘death duties’. Inheritance tax is considered a voluntary tax, because with the right planning the tax can certainly be reduced and even avoided.

Inheritance Tax is often a complicated subject that can leave family members and loved ones paying significantly more in tax than necessary. Our financial advisers will explain how to help your children inherit more and give them the best future possible. We will work with you to ensure your hard work passes from one generation to the next.

What is Inheritance Tax

Inheritance Tax (IHT) can apply to the worldwide assets of UK citizens. However not all of your estate is taxed, only that above the prevailing Nil Rate Band Allowance and Main Residence Nil Rate Allowance. The Nil Rate Allowance is currently £325,000 per individual so a married couple can potentially benefit from £650,000 of joint exemptions. The main residence nil rate allowance starts in April 2017 at £100,000 per individual and rises to £175,000 by 2020.

The cost of Inheritance Tax is 40% on all taxable assets above these thresholds making Inheritance Tax potentially the largest tax demand your children will ever face.

Inheritance Tax Exempt Arrangements

You may wish to reduce an inheritance tax liability by considering gifting directly to family members or use the range of inheritance tax efficient trusts that are available. You may wish to consider inheritance tax exempt investments or make provisions for your children to have the means to pay the eventual tax bill through a Whole of Life Assurance. There may be charities or political causes you'd like to consider supporting, taking advantage of their exemption from inheritance tax.

Client Story - Investment Advice

Someone you can trust
Elizabeth Roberts

It’s Chris’s personal approach that makes all the difference to me, it makes such a difference having someone you can trust. When my husband died, I was very fragile, and Chris understood that.

Client Testimonials

Please read the many testimonial endorsements our clients have provided on this website to see what they say about our advice and on-going service.

Read More
Download our free guide to estate planning

A Guide to Estate Planning

Make better informed estate planning decisions that are right for you, to help your children inherit more and give them the best future possible.

Guide to Estate Planning

Financial Guides

Please read the many free financial guides we have provided on this website to help you make better-informed financial decisions that are right for you.

Read More

With many options available careful consideration is needed in order to avoid Inheritance Taxes in a way that complements not compromises your future. Our financial advisers will talk you through each of the relevant options and help you understand the benefits to you and your family.

Chris Davies

Chris Davies

Chartered Financial Adviser View Profile

Chris Davies

Chartered Financial Adviser
Phil Johnson

Phil Johnson

Independent Financial Adviser View Profile

Phil Johnson

Independent Financial Adviser
Kevin Jones

Kevin Jones

Independent Financial Adviser View Profile

Kevin Jones

Independent Financial Adviser
Mandy Armstrong

Mandy Armstrong

Paraplanner and IT Manager View Profile

Mandy Armstrong

Paraplanner and IT Manager

Call 01792 477763 today or contact us and we'll arrange an initial meeting at no cost, to discuss your circumstances and explain how we can help you.

Financial News & Investment Views from our blog | Read More

chartered financial planner
19 April 2019

Why choose a Chartered Financial Planner?

When looking for professional financial advice on such important issues as Financial & Investment Advice, Retirement Planning or Estate Planning matters should seek an Independent Financial Advi...

Read more...
Spring Daffodils
09 April 2019

Happy New Tax Year!

Out with the old and in with the new is very appt when talking about annual allowances. The last few weeks have been very busy as clients seek to take up their full ISA and pension contributions fo...

Read more...
Estate Capital Financial Management
09 April 2019

Estate Capital launches new website

We are delighted to announce the launch of our new and updated Estate Capital Website. The website has been totally rebuilt and has a number of new sections and additional content

Read more...
© Estate Capital 2014 - 2019. Registered in Wales No. 4688919. Authorised and regulated by the Financial Conduct Authority.