If you would like more of your wealth to pass to your children and grandchildren rather than HMRC, then inheritance tax planning is a crucial element of your financial plan. When you die, the government assesses how much your estate is worth. If this exceeds the Inheritance Tax threshold set by the Chancellor, you (or technically your estate) will pay tax on 40% of the extra.
As most of us choose to generate wealth not just for ourselves but for our families, Cavendish Medical can create an inheritance tax plan which will ensure you can help your loved ones in the event that anything should happen to you.
To speak with one of our specialist financial planning team about your inheritance tax planning contact us on 020 7636 7006, or complete the enquiry form and we will be in touch.
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