Reduce Inheritance Tax

Nobody wants inheritance tax to eat into the money they hope to leave for their loved ones. However, without the right financial planning it’s all too easy for this to happen. 

If your estate is worth more than £325,000, anything above that will be taxed at 40%, which can significantly reduce what ends up in your family’s hands.

A financial adviser can help you plan ahead to protect your wealth and make the most of what you leave behind. We can help you:

  • Gift assets wisely to lower the taxable value of your estate

  • Set up trusts to safeguard wealth for future generations

  • Use exemptions and allowances so you don’t pay more than you need to

  • Arrange investments and pensions in a tax-efficient way

Speak to an adviser

Quick answers

  • You can’t avoid it entirely, but careful planning like using gifts, trusts, and exemptions can reduce the amount of tax your estate has to pay.

  • Yes, but there are rules. Gifts made more than 7 years before death are usually exempt. 

  • The earlier, the better. Planning ahead gives you more options to reduce tax and ensure your money goes to the people you care about.

What our clients say

testimonials

“A friend encouraged me to look into inheritance tax planning as someone they knew got stung. I decided to arrange a chat at tmp and they answered all my questions even though my situation is a bit complicated with multiple ltd businesses. Very pleased with the quality of service and looking forward to getting things set up so my children will get max inheritance.”

Lloyd

WILL WRITING, TRUSTS AND INHERITANCE TAX PLANNING ADVICE IS NOT REGULATED BY THE FINANCIAL CONDUCT AUTHORITY