Using trusts to reduce or avoid inheritance tax
How does setting up a trust help avoid inheritance tax? When we talk about inheritance tax (IHT), trusts can be really helpful in reducing taxes and keeping wealth safe. This article will explore what trusts are, how they can help with inheritance tax, and why experts called financial advisers are important in managing these special […]
10 ways to avoid inheritance tax
How to reduce or avoid inheritance tax With rising property values, and changes to the rules concerning pensions, the number of people in the UK with estates exceeding the inheritance tax threshold will likely increase in the coming years. And, as a result, finding ways to reduce or avoid inheritance tax is becoming a crucial […]
Can I gift my home to my children to avoid inheritance tax (IHT)?
Can I put my house in my children’s name to avoid inheritance tax? In today’s article, we tackle the issue of IHT, and whether gifting your home to your children can help avoid inheritance tax. Over the years, those liable for inheritance tax have risen, mainly due to increasing property prices, particularly in the South […]
Equity Release; the good, the bad and the ugly
A short guide to equity release Some retired people might find themselves house rich, but cash poor. Equity release can be a way of redressing the balance. The language used by equity release firms in the numerous television and newspaper adverts is enticing; “Access the value of your home, tax-free.” How much tax-free cash could […]
