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5 things you need to know about Inheritance Tax (IHT) 👇 Your inheritance can significantly impact the lives of those you choose to leave it to. By initiating this conversation now, you can remain connected to your family's future even after you are no longer present. You can reduce the amount of Inheritance Tax (IHT) payable with careful estate planning and tax-efficient gifting. If you'd like to read more, you can read our full insight on our website: https://lnkd.in/ejpj6R7P #AnglianWealthManagement #MoneyMatters #WealthManagement #LifePlanning #InvestmentPlanning

As we contemplate the legacy we leave for our loved ones, we envision passing down cherished memories and meaningful heirlooms. Yet, there's one aspect we strive to avoid: the weighty burden of Inheritance Tax. Often dubbed as 'Britain's most disliked tax', Inheritance Tax can cast a shadow over the legacy we wish to leave. Fortunately, there are steps we can take to alleviate this burden, such as making lifetime gifts. Download our free guide for a comprehensive understanding of Inheritance Tax – from what it entails to effective strategies for mitigation. Let's ensure that what we leave behind for our loved ones is not overshadowed by financial worries. Link in comments #InheritanceTax #EstatePlanning #TaxPlanning #WealthManagement #FinancialLegacy #Taxation #EstateTax #TaxStrategy #WealthTransfer #FinancialPlanning

An inheritance can be life-changing for those you leave money to. Starting the conversation now means you can feel part of your family’s future, even when you’re gone. You can reduce the amount of Inheritance Tax (IHT) payable with careful estate planning and tax-efficient gifting. We have listed the top 5 things you need to know about IHT in a handy guide online. Check out the link to this guide in the comments ⬇️ #FinancialPlanning #TaxPlanning

Discover the tax implications of gifting vs. inheriting a home. Understand the benefits of inheritance and avoid tax pitfalls for a smooth gift inheritance.

An inheritance can be life-changing for those you leave money to. While Inheritance Tax is a highly complex area, preparing for this through careful estate planning and tax-efficient gifting can change your family's future. In our latest article, we cover Five things you need to know about Inheritance Tax 👇 https://buff.ly/490vywY Niki Patel, Tax and Trust Specialist at Technical Connection, explains more about how to use Tax Year End to plan for inheritance. #InheritancePlanning #InheritanceTax #TaxYearEnd

Did you know? A significant portion of your wealth could be subject to Inheritance Tax (IHT) upon your passing. This includes assets like your family home, investments, life assurance plans not in Trust, and even cherished family heirlooms. UK Inheritance Tax is often misunderstood and complex. Without proper planning, your loved ones could face up to 40% tax on their inheritance. Keep in mind, tax laws and reliefs can change. The value of tax relief depends on your individual circumstances. It’s crucial to seek advice from qualified professionals before making any decisions affecting your tax obligations. Feel free to reach out to me for further details and information. #InheritanceTax #EstatePlanning #FinancialAdvice #TaxPlanning #WealthManagement

Planning for the future is essential, especially when it comes to managing your estate. Inheritance Tax (IHT) is complex and may be overlooked, but understanding how it works can save your loved ones from unnecessary stress and burden. Take the time to understand your options and make informed decisions: https://lnkd.in/dqvnjiqb #EstatePlanning #InheritanceTax #TaxTips

Are you familiar with the potential pitfalls of inheritance tax? 𝐇𝐚𝐯𝐞 𝐲𝐨𝐮 𝐡𝐞𝐚𝐫𝐝 𝐨𝐟 𝐭𝐡𝐞 '𝐈𝐧𝐡𝐞𝐫𝐢𝐭𝐚𝐧𝐜𝐞 𝐓𝐚𝐱 𝐓𝐫𝐚𝐩'? The ‘Inheritance Tax Trap’ poses challenges that demand careful consideration, particularly in the context of domicile and residency. To mitigate the Inheritance Tax Trap, we emphasise the importance of proper planning. Stay ahead of evolving tax regulations, by safeguarding your wealth and optimising your legacy in the face of these complexities. Reach out to us on LinkedIn or drop us an email at info@pccwealth.com to initiate the process. #EstatePlanning #InheritanceTaxStrategies #WealthPreservation #LegacyPlanning #TaxOptimisation #FinancialLegacy

Please feel free to contact me at grant.chalmers@pccwealth.com or call me directly on +351 913 508 059 to set up a quick exploratory consultation to discuss your unique financial goals. Let me assist and show you how to secure your financial future; we can assist you with laying the groundwork for a lasting legacy. #wealthmanagement #wealthbuilding #wealthplanning #inheritancetax #inheritanceplanning #wealthpreservation

Repetitive inheritance tax can erode your family’s wealth across generations. Without planning, £1,000,000 can very quickly shrink to £360,000 due to £640,000 in taxes. Most people want to avoid paying inheritance tax completely. The thought of your loved ones paying a further 40% tax is scary. Secure your family’s future. #EstatePlanning #WealthPreservation