STEP – Advising Families Across Generations’ Post

Your clients may come across the term 'excepted estate' when dealing with probate and estate administration. It's important for your clients to understand whether they're dealing with an excepted estate, as it can affect how the estate is reported to HMRC for Inheritance Tax purposes. To help them better understand this topic, our blog answers: ✔️ What is an excepted estate? ✔️ What is Inheritance Tax? ✔️ What are the excepted estate requirements? ✔️ Does an excepted estate affect probate? Read and share the blog: https://bit.ly/3PwSDip #ExceptedEstates #InheritanceTax #EstateAdministration #Probate

At Dean Wilson LLP we don’t just prepare Wills, we make sure we understand you and you family situation by analysing and discussing your assets in order to advise you on specific matters. Are you confused as to why the Inheritance Tax on your estate is so large. By taking advice from us at Dean Wilson LLP and applying suitable provisions within your Wills, it is possible that you may be able to save considerable amounts of Inheritance Tax whilst still achieving your goals in inheritance. We will discuss your current assets with you and provide advice on how you can reduce the Inheritance Tax liability on your estate. #Inheritance #Tax

The Daily Mail News recently published an article regarding the unsuspected dangers associated with avoiding inheritance tax. This article is a great example of what can go wrong when making gifts to avoid inheritance tax. Transferring your property to your children does not necessarily mean you will avoid paying inheritance tax. Please give us a call on 01274 305380 or 01535 600973 to talk to one of our experienced Solicitors who can you advise you on gifting and inheritance tax. You can learn more about this via the link below: https://lnkd.in/eFsAkm6a... #WilliscroftSolicitors #TheDailyMail #InheritanceTax #FamilyLawExperts #FamilyLaw #PropertyLaw #Keighley #Bradford #WestYorkshire

Dealing with inheritance tax can seem a confusing and daunting task. Our expert team of private client solicitors are here to help make it simple - so there's no need to worry about all the complicated stuff! Read more here - https://lnkd.in/eXpPHJPu

If you own a business with your spouse or civil partner, you might be wasting valuable inheritance tax relief. Why? When one of you dies, your spouse/civil partner is exempt for inheritance tax. But a business can be exempt too. If you just make simple Wills, with everything passing to the survivor, inheritance tax could apply when they die. But Wills with business trusts would maximise both exemptions, potentially saving a lot of inheritance tax. Give me a call if you're in or near Bristol and you'd like to discuss further. #InheritanceTaxRelief #BusinessTrust #FinancialPlanning #LegacyPlanning #TaxEfficiency #FamilyBusiness #EstatePlanning #FutureProofing #BristolWills #willwritingbristol #WillPlanning #InheritancePlanning #Trusts #LegacyPlanning

HMRC has reported that Inheritance Tax receipts for April and May 2024 were £1.4 billion, a £200 million rise compared to the same period last year. This highlights the importance of strategic Inheritance Tax planning. If you wish to discuss ways to mitigate Inheritance Tax, please contact our experienced friendly team. IHT receipts surge 16.6% to £1.4bn in April-May 2024 | Today's Wills and Probate (https://lnkd.in/ezgpNw_w) #InheritanceTax #InheritanceTaxPlanning #EstatePlanning

Inheritance Tax: What you need to know. Thanks to our Wills, Trusts & Probate specialist Louise Gibbs-Kneller, we explore the key questions you might have surrounding your estate's tax liability, including exemptions and other tax changes made in the Spring Budget. Read our FAQs here: fosters.ly/43H00un

🔍 Understanding Estate Taxes in North Carolina | Life In Transition Experts Navigating probate in North Carolina involves understanding tax implications. Learn about estate, income, and inheritance taxes in our latest video.🏠 #ProbateProcess #EstateTax #NorthCarolina #EstateProService

Inheritance tax affects many families. Without proper planning, it may have to be paid in the event of your death. Currently charged at 40%, it is worthwhile carrying out Inheritance Tax planning. If you have a potential liability, it is also sensible to take advice regarding estate planning and utilising the number of lifetime exemptions. https://bit.ly/46D1575

Inheritance tax Inheritance tax can be confusing for many of us, however, by booking a no obligation complimentary appointment with one of our expert Legal Advisors we can help guide you through the myths and confusion surrounding Inheritance tax. If you have a business, have recently moved house or had any changes in your financial circumstances, it is an ideal time to ensure that you understand Inheritance Tax and, if applicable, ways to mitigate it. Book your free appointment today by calling your local office or email wills@kiteleys.co.uk #complimentaryappoinment #inheritancetax #will