Estate & Inheritance Tax

Why consider estate & inheritance tax?

This is an important factor when looking at your long term financial plan. JNFP understands that protecting our client’s wealth against inheritance tax requires careful planning. Again, this is a complex area and we offer comprehensive advice about how to take advantage of the most tax-efficient and effective strategies to manage and protect our client's estates.

How can we help?

We can help you use trusts to pass money to loved ones to remove some of your wealth from your inheritance tax bracket. We can help you pass your ISAs to your spouse tax efficiently on death.

Many people are aware that your wealth can be left to your spouse with no IHT liability but when the last parent dies it becomes due. The current level of Nil Rate Band is £325,000 per person  (tax year 2017/2018) with the introduction of RNRB (Residential Nil Rate Band) starting in April 2017 and completing in April 2021 taking the joint Nil Rate Band per couple to £1,000,000.

We can recommend a solicitor to help you with your Wills and the ever important Powers of Attorney another major part of your overall financial plan.

The Financial Conduct Authority does not regulate estate planning, tax advice, wills or trusts.

Ready to find out more?

Our friendly team is ready to take your call.