Inheritance Tax Planning

Making arrangements for your loved one's after you have gone ...

… is a fundamental part of managing your estate and assets.

Getting the right advice and financial planning is important to ensure HM Revenue & Customs isn’t the biggest beneficiary. Inheritance Tax is a tax on the estate (property, money and possessions) of someone who has died. There is normally no inheritance tax on estates valued under £325,000.

There are ways to help plan for inheritance tax including:

  • Make a Will*
  • Gift your assets
  • Put your assets into Trust
  • Make use of your pensions
  • Take out a Life Insurance Policy

The levels and bases of taxation, and reliefs from taxation, can change at any time and are generally dependent on individual circumstances.

* Will writing involves the referral to a service that is separate and distinct to those offered by St. James’s Place. Wills and Trusts are not regulated by the Financial Conduct Authority.