If you have worked hard and made sacrifices throughout your life to build your wealth, you probably would like to pass this onto your family without them having to pay inheritance tax (IHT). While most estates are too small to be subject to IHT, those valued above the current nil rate starting point of £325,000 face an average tax bill of £179,000.
Please read this guide as a starting point along your inheritance tax planning journey to maximise the wealth you can pass onto your loved ones. If you would like to discuss how h2o Financial can build a personalised plan to protect your estate, please contact us using the below details.
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