Inheritance Tax

As Benjamin Franklin said, the only things that are certain in life are death and taxes and inheritance tax touches on both of them. Inheritance tax can significantly reduce what family members inherit from a deceased person as well as compromise wishes and intentions regarding the integrity of business and investment property portfolio successions. It is, after all, a tax at up to 40% on inheritances.

It will therefore always be a concern for those reasonably expecting to inherit as well as for the current custodian of assets who wishes to ensure a smooth transfer of his or her estate to family members.

What is to be done?

If you genuinely want to help and support your family, passing wealth through the generations and mitigating inheritance tax:

  • Read my book, ‘The Absolute Essence of Inheritance Tax Planning’ now available in Kindle and paperback formats from Amazon (see Steve’s Books). It will clarify the real issues you face and will decisively transform your perspective on inheritance tax planning! An afternoons entertaining read for the price of a modest breakfast which also represents an excellent investment for your family.
  • If you feel that you would benefit from personal coaching, why not consider my consulting services which include:
    • Specialist Inheritance Tax Reports (pdf below) forming the essential foundation for all detailed long term planning.
    • Specialist Trust Review’s where clarity and direction are needed for an existing trust’s compliance obligations and/or future planning.