A Guide to
Tax-efficient strategies to ensure your assets are distributed according to your wishes
elcome to A Guide to Estate Preservation. Estate preservation is about helping you to look after and maintain your wealth in the most efficient way. Once the domain of the super-rich, wide scale home ownership and rising property values have meant that more and more people are being subjected to Inheritance Tax every year.
For UK domiciled clients, Inheritance Tax is currently charged at 40 per cent and is payable on your estate once your net assets exceed £325,000. For some married couples and registered civil partners, any unused percentage of the available allowance from the estate of the first to pass away may be claimed when the second spouse dies.
We know that building up wealth is never easy, which is why we can help you understand exactly how Inheritance Tax could affect you and discuss solutions that to help you protect your wealth for future generations.
We provide the expertise you need in order to protect your assets. By gaining a real understanding of your requirements, we can offer you effective solutions based on our wealth of knowledge and experience. To discuss the options available to you, please contact us for further information.
Content of the articles featured inside A Guide to Estate Preservation is for general information and use only and is not intended to address an individual or company's particular requirements or be deemed to be, or constitute, advice. Although endeavours have been made to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No individual or company should act upon such information without receiving appropriate professional advice after a thorough examination of their particular situation. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of any articles. Thresholds, percentage rates and tax legislation may change in subsequent Finance Acts.
Protecting your wealth
Passing on assets without having to
pay Inheritance Tax
Doubling the Inheritance Tax threshold
Transferring assets can seriously improve
Valuing a deceased person's estate
Responsibility for paying Inheritance Tax
Inheriting a property
Could you be liable to pay Inheritance Tax?
Combining predictability with clever planning
Make sure everything you own goes where you want it to tax-efficiently
It'll take longer to sort out your affairs if you don't have a will
The probate process
Getting started, what you need to know
Take it step by step
How to avoid the probate pitfalls
Who gets what?
Don't leave your heirs embroiled in
years of legal feuding
Using a trust to pass assets to beneficiaries
Trust in your future
Helping you control and protect family assets
The right type of trust
Ensure you don't more tax than is necessary
Giving away wealth
Tax-efficiently passing on parts of your estate
A gift with reservation
Getting the full benefit of a gift to the total exclusion of the donor
Making the most of different solutions
Estate preservation glossary
Helping you to look after and maintain your
wealth in the most efficient way