YGreen Financial Solutions - Professional Will Writing and Estate Planning

Last Will and Testament

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Inheritance Tax and how it may affect you.

At the current time an estate (the value of any property at date of death less any debts) worth more than £312,000 is subject to 40% tax by the Inland Revenue. It used to be 75% and of course we don't know what it will be in the future.

For more information about Inheritance Tax, please click here

Bequests to a husband, wife or civil partner are exempt from tax at the moment, although you should be aware that if you were to leave everything to your husband or wife, tax would become payable on the second death.

Inheritance tax planning could save some of the tax being paid to the Inland Revenue ensuring that your money went to your family or friends instead.

If you feel that you could benefit from some advice in this area...

Call us today on 0114 2818159 or use our online enquiry form - we are ready to help.